10-K Filing

ISHARES SILVER TRUST CIK: 1330568 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0001193125-13-084336`
Period End Date	20121231
Filing Date	20130228
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	slv-20121231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 31 Income Statement 30 Cash Flow Statement 41 Stockholders Equity 14

Balance Sheet 31 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`	$8.70B	USD	Point-in-time
Silver bullion inventory, fair value	`SilverBullionInventoryFairValue`	$10.76B	USD	Point-in-time
Silver bullion inventory, fair value	`SilverBullionInventoryFairValue`	$9.71B	USD	Point-in-time
Silver bullion inventory (fair value of $9,710,962 and $8,702,922, respectively)	`OtherInventory`	$8.10B	USD	Point-in-time
Redeemable capital Shares, no par value	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Silver bullion inventory (fair value of $9,710,962 and $8,702,922, respectively)	`OtherInventory`	$7.19B	USD	Point-in-time
Redeemable capital Shares, no par value	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Redeemable capital Shares, issued	`TemporaryEquitySharesIssued`	317.50M	shares	Point-in-time
Redeemable capital Shares, issued	`TemporaryEquitySharesIssued`	335.00M	shares	Point-in-time
Receivable for capital Shares sold	`ReceivableForCapitalSharesSold`	$37.67M	USD	Point-in-time
Redeemable capital Shares, outstanding	`TemporaryEquitySharesOutstanding`	317.50M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$7.19B	USD	Point-in-time
Redeemable capital Shares, outstanding	`TemporaryEquitySharesOutstanding`	335.00M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$8.14B	USD	Point-in-time
Sponsor's fees payable	`AccruedLiabilitiesCurrent`	$4.04M	USD	Point-in-time
Sponsor's fees payable	`AccruedLiabilitiesCurrent`	$4.31M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.31M	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) - 335,000,000 issued and outstanding at December 31, 2012 and 317,500,000 issued and outstanding at December 31, 2011	`TemporaryEquityRedemptionValue`	$8.70B	USD	Point-in-time
Redeemable capital Shares, no par value, unlimited amount authorized (at redemption value) - 335,000,000 issued and outstanding at December 31, 2012 and 317,500,000 issued and outstanding at December 31, 2011	`TemporaryEquityRedemptionValue`	$9.71B	USD	Point-in-time
Redeemable capital Shares, no par value, unlimited amount authorized (at redemption value) - 335,000,000 issued and outstanding at December 31, 2012 and 317,500,000 issued and outstanding at December 31, 2011	`TemporaryEquityRedemptionValue`	$5.18B	USD	Point-in-time
Redeemable capital Shares, no par value, unlimited amount authorized (at redemption value) - 335,000,000 issued and outstanding at December 31, 2012 and 317,500,000 issued and outstanding at December 31, 2011	`TemporaryEquityRedemptionValue`	$10.75B	USD	Point-in-time
Shareholders' equity (deficit)	`ShareholdersEquityDeficit`	$-975.31M	USD	Point-in-time
Shareholders' equity (deficit)	`ShareholdersEquityDeficit`	$-1.51B	USD	Point-in-time
Shareholders' equity (deficit)	`ShareholdersEquityDeficit`	$-5.11B	USD	Point-in-time
Shareholders' equity (deficit)	`ShareholdersEquityDeficit`	$-1.58B	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$8.14B	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	`SaleOfTrustAssetsToPayExpenses`	$57.90M	USD	Annual
Proceeds from sales of silver to pay expenses	`SaleOfTrustAssetsToPayExpenses`	$48.39M	USD	Annual
Proceeds from sales of silver to pay expenses	`SaleOfTrustAssetsToPayExpenses`	$29.26M	USD	Annual
Cost of silver sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$37.37M	USD	Annual
Cost of silver sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$33.10M	USD	Annual
Cost of silver sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$20.95M	USD	Annual
Gain on sales of silver to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$24.80M	USD	Annual
Gain on sales of silver to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$8.30M	USD	Annual
Gain on sales of silver to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$11.02M	USD	Annual
Gain on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$3.10B	USD	Annual
Gain on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$427.77M	USD	Annual
Gain on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$257.40M	USD	Annual
Total gain on sales and distributions of silver	`TotalGainLossOnSalesAndDistributionsOfSilver`	$438.80M	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
Sponsor's fees	`SponsorsFees`	$57.62M	USD	Annual
Sponsor's fees	`SponsorsFees`	$48.66M	USD	Annual
Sponsor's fees	`SponsorsFees`	$31.29M	USD	Annual
Total expenses	`OperatingExpenses`	$48.66M	USD	Annual
Total expenses	`OperatingExpenses`	$57.62M	USD	Annual
Total expenses	`OperatingExpenses`	$31.29M	USD	Annual
NET INCOME	`NetIncomeLoss`	$390.14M	USD	Annual
NET INCOME	`NetIncomeLoss`	$3.07B	USD	Annual
NET INCOME	`NetIncomeLoss`	$234.42M	USD	Annual
Net income per Share	`EarningsPerShareBasic`	$1.21	USD	Annual
Net income per Share	`EarningsPerShareBasic`	$9.16	USD	Annual
Net income per Share	`EarningsPerShareBasic`	$0.75	USD	Annual
Weighted-average Shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	335.01M	shares	Annual
Weighted-average Shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	322.92M	shares	Annual
Weighted-average Shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	314.37M	shares	Annual

Cash Flow Statement 41 line items

Line Item	Tag	Value	Unit	Period
Proceeds from sales of silver	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$57.90M	USD	Annual
Proceeds from sales of silver	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$29.26M	USD	Annual
Proceeds from sales of silver	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$48.39M	USD	Annual
Expenses - Sponsor's fees paid	`PaymentsForFees`	$29.26M	USD	Annual
Expenses - Sponsor's fees paid	`PaymentsForFees`	$57.90M	USD	Annual
Expenses - Sponsor's fees paid	`PaymentsForFees`	$48.39M	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`	$390.14M	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`	$3.10B	USD	Annual
Gain on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$427.77M	USD	Annual
Gain on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$257.40M	USD	Annual
Cost of silver sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$37.37M	USD	Annual
Cost of silver sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$33.10M	USD	Annual
Cost of silver sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$20.95M	USD	Annual
Increase (decrease) in Sponsor's fees payable	`IncreaseDecreaseInAccruedLiabilities`	$266.00K	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
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	`FairValueOfAssetsAcquired`	$5.18B	USD	Annual
Carrying value of silver received for creation of Shares	`FairValueOfAssetsAcquired`	$2.50B	USD	Annual
Carrying value of silver received for creation of Shares	`FairValueOfAssetsAcquired`	$2.04B	USD	Annual
Carrying value of silver distributed for redemption of Shares, at average cost	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$1.52B	USD	Annual
Carrying value of silver distributed for redemption of Shares, at average cost	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$579.56M	USD	Annual
Carrying value of silver distributed for redemption of Shares, at average cost	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$3.60B	USD	Annual

Stockholders Equity 14 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`	$-1.51B	USD	Point-in-time
Shareholders' equity (deficit) - beginning of period	`ShareholdersEquityDeficit`	$-5.11B	USD	Point-in-time
Shareholders' equity (deficit) - beginning of period	`ShareholdersEquityDeficit`	$-1.58B	USD	Point-in-time
Net income	`NetIncomeLoss`	$390.14M	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`	$-454.64M	USD	Annual
Adjustment of redeemable capital Shares to redemption value	`TemporaryEquityIssuePeriodIncreaseOrDecrease`	$-4.36B	USD	Annual
Adjustment of redeemable capital Shares to redemption value	`TemporaryEquityIssuePeriodIncreaseOrDecrease`	$523.63M	USD	Annual
Shareholders' equity (deficit) - end of period	`ShareholdersEquityDeficit`	$-975.31M	USD	Point-in-time
Shareholders' equity (deficit) - end of period	`ShareholdersEquityDeficit`	$-1.51B	USD	Point-in-time
Shareholders' equity (deficit) - end of period	`ShareholdersEquityDeficit`	$-5.11B	USD	Point-in-time
Shareholders' equity (deficit) - end of period	`ShareholdersEquityDeficit`	$-1.58B	USD	Point-in-time

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