10-Q Filing

ISHARES GOLD TRUST CIK: 1278680 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001193125-13-326964`
Period End Date	20130630
Filing Date	20130808
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	iau-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 28 Income Statement 43 Cash Flow Statement 38 Stockholders Equity 13

Balance Sheet 28 line items

Line Item	Tag	Value	Unit	Period
Gold bullion inventory, fair value	`GoldBullionInventoryFairValue`	$6.86B	USD	Point-in-time
Gold bullion inventory, fair value	`GoldBullionInventoryFairValue`	$11.65B	USD	Point-in-time
Gold bullion inventory, fair value	`GoldBullionInventoryFairValue`	$10.90B	USD	Point-in-time
Redeemable capital Shares, no par value	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Redeemable capital Shares, no par value	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Gold bullion inventory (fair value of $6,861,395 and $11,647,783, respectively)	`OtherInventory`	$9.32B	USD	Point-in-time
Gold bullion inventory (fair value of $6,861,395 and $11,647,783, respectively)	`OtherInventory`	$7.76B	USD	Point-in-time
Redeemable capital Shares, issued	`TemporaryEquitySharesIssued`	719.55M	shares	Point-in-time
Redeemable capital Shares, issued	`TemporaryEquitySharesIssued`	592.45M	shares	Point-in-time
Market value reserve (Note 2B)	`InventoryValuationReserves`	$894.63M	USD	Point-in-time
Redeemable capital Shares, outstanding	`TemporaryEquitySharesOutstanding`	719.55M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$6.86B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$9.32B	USD	Point-in-time
Redeemable capital Shares, outstanding	`TemporaryEquitySharesOutstanding`	592.45M	shares	Point-in-time
Sponsor's fees payable	`AccruedLiabilitiesCurrent`	$1.65M	USD	Point-in-time
Sponsor's fees payable	`AccruedLiabilitiesCurrent`	$2.48M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.48M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.65M	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) - 592,450,000 issued and outstanding at June 30, 2013 and 719,550,000 issued and outstanding at December 31, 2012	`TemporaryEquityRedemptionValue`	$10.90B	USD	Point-in-time
Redeemable capital Shares, no par value, unlimited amount authorized (at redemption value) - 592,450,000 issued and outstanding at June 30, 2013 and 719,550,000 issued and outstanding at December 31, 2012	`TemporaryEquityRedemptionValue`	$11.65B	USD	Point-in-time
Redeemable capital Shares, no par value, unlimited amount authorized (at redemption value) - 592,450,000 issued and outstanding at June 30, 2013 and 719,550,000 issued and outstanding at December 31, 2012	`TemporaryEquityRedemptionValue`	$6.86B	USD	Point-in-time
Shareholders' equity (deficit)	`ShareholdersEquityDeficit`	-	USD	Point-in-time
Shareholders' equity (deficit)	`ShareholdersEquityDeficit`	$-1.85B	USD	Point-in-time
Shareholders' equity (deficit)	`ShareholdersEquityDeficit`	$-2.33B	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$9.32B	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$6.86B	USD	Point-in-time

Income Statement 43 line items

Line Item	Tag	Value	Unit	Period
Proceeds from sales of gold to pay expenses	`SaleOfTrustAssetsToPayExpenses`	$5.97M	USD	1 Quarter
Proceeds from sales of gold to pay expenses	`SaleOfTrustAssetsToPayExpenses`	$13.38M	USD	2 Qtrs
Proceeds from sales of gold to pay expenses	`SaleOfTrustAssetsToPayExpenses`	$6.20M	USD	1 Quarter
Proceeds from sales of gold to pay expenses	`SaleOfTrustAssetsToPayExpenses`	$11.82M	USD	2 Qtrs
Cost of gold sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$4.45M	USD	1 Quarter
Cost of gold sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$5.63M	USD	1 Quarter
Cost of gold sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$11.45M	USD	2 Qtrs
Cost of gold sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$8.66M	USD	2 Qtrs
Gain on sales of gold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$1.94M	USD	2 Qtrs
Gain on sales of gold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$3.16M	USD	2 Qtrs
Gain on sales of gold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$1.53M	USD	1 Quarter
Gain on sales of gold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$568.00K	USD	1 Quarter
Gain on gold distributed for the redemption of Shares	`GainLossOnGoldDistributedForRedemptionOfShares`	$204.96M	USD	2 Qtrs
Gain on gold distributed for the redemption of Shares	`GainLossOnGoldDistributedForRedemptionOfShares`	$97.21M	USD	2 Qtrs
Gain on gold distributed for the redemption of Shares	`GainLossOnGoldDistributedForRedemptionOfShares`	$54.32M	USD	1 Quarter
Gain on gold distributed for the redemption of Shares	`GainLossOnGoldDistributedForRedemptionOfShares`	$75.87M	USD	1 Quarter
Total gain on sales and distributions of gold	`GainLossOnSalesAndDistributionsOfGold`	$206.90M	USD	2 Qtrs
Total gain on sales and distributions of gold	`GainLossOnSalesAndDistributionsOfGold`	$100.38M	USD	2 Qtrs
Total gain on sales and distributions of gold	`GainLossOnSalesAndDistributionsOfGold`	$77.39M	USD	1 Quarter
Total gain on sales and distributions of gold	`GainLossOnSalesAndDistributionsOfGold`	$54.89M	USD	1 Quarter
Sponsor's fees	`SponsorsFees`	$12.54M	USD	2 Qtrs
Sponsor's fees	`SponsorsFees`	$5.53M	USD	1 Quarter
Sponsor's fees	`SponsorsFees`	$5.78M	USD	1 Quarter
Sponsor's fees	`SponsorsFees`	$11.77M	USD	2 Qtrs
Market value reserve (Note 2B)	`InventoryWriteDown`	$894.63M	USD	2 Qtrs
Market value reserve (Note 2B)	`InventoryWriteDown`	$894.63M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$11.77M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$5.78M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$900.15M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$907.17M	USD	2 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-845.27M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$71.61M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$136.33M	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$88.60M	USD	2 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-700.27M	USD	2 Qtrs
Net income (loss) per Share	`EarningsPerShareBasic`	$-1.33	USD	1 Quarter
Net income (loss) per Share	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Net income (loss) per Share	`EarningsPerShareBasic`	$-1.03	USD	2 Qtrs
Net income (loss) per Share	`EarningsPerShareBasic`	$0.15	USD	2 Qtrs
Weighted-average Shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	637.84M	shares	1 Quarter
Weighted-average Shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	677.37M	shares	2 Qtrs
Weighted-average Shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	589.76M	shares	2 Qtrs
Weighted-average Shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	592.02M	shares	1 Quarter

Cash Flow Statement 38 line items

Line Item	Tag	Value	Unit	Period
Proceeds from sales of gold	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$13.38M	USD	2 Qtrs
Proceeds from sales of gold	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$11.82M	USD	2 Qtrs
Expenses - Sponsor's fees paid	`PaymentsForFees`	$13.38M	USD	2 Qtrs
Expenses - Sponsor's fees paid	`PaymentsForFees`	$11.82M	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, 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 (loss)	`NetIncomeLoss`	$-845.27M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$71.61M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$136.33M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$88.60M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-700.27M	USD	2 Qtrs
Gain on gold distributed for the redemption of Shares	`GainLossOnGoldDistributedForRedemptionOfShares`	$204.96M	USD	2 Qtrs
Gain on gold distributed for the redemption of Shares	`GainLossOnGoldDistributedForRedemptionOfShares`	$97.21M	USD	2 Qtrs
Gain on gold distributed for the redemption of Shares	`GainLossOnGoldDistributedForRedemptionOfShares`	$54.32M	USD	1 Quarter
Gain on gold distributed for the redemption of Shares	`GainLossOnGoldDistributedForRedemptionOfShares`	$75.87M	USD	1 Quarter
Cost of gold sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$4.45M	USD	1 Quarter
Cost of gold sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$5.63M	USD	1 Quarter
Cost of gold sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$11.45M	USD	2 Qtrs
Cost of gold sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$8.66M	USD	2 Qtrs
Decrease in Sponsor's fees payable	`IncreaseDecreaseInAccruedLiabilities`	$-840.00K	USD	2 Qtrs
Decrease in Sponsor's fees payable	`IncreaseDecreaseInAccruedLiabilities`	$-51.00K	USD	2 Qtrs
Market value reserve (Note 2B)	`MarketValueReserveRecovery`	$894.63M	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 gold received for creation of Shares	`FairValueOfAssetsAcquired`	$672.52M	USD	2 Qtrs
Carrying value of gold received for creation of Shares	`FairValueOfAssetsAcquired`	$998.83M	USD	2 Qtrs
Carrying value of gold distributed for redemption of Shares, at average cost	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$333.32M	USD	2 Qtrs
Carrying value of gold distributed for redemption of Shares, at average cost	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$2.22B	USD	2 Qtrs

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Shareholders' equity (deficit) - beginning of period	`ShareholdersEquityDeficit`	-	USD	Point-in-time
Shareholders' equity (deficit) - beginning of period	`ShareholdersEquityDeficit`	$-1.85B	USD	Point-in-time
Shareholders' equity (deficit) - beginning of period	`ShareholdersEquityDeficit`	$-2.33B	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-845.27M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$71.61M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$136.33M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$88.60M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-700.27M	USD	2 Qtrs
Adjustment of redeemable capital Shares to redemption value	`TemporaryEquityIssuePeriodIncreaseOrDecrease`	$-622.42M	USD	Annual
Adjustment of redeemable capital Shares to redemption value	`TemporaryEquityIssuePeriodIncreaseOrDecrease`	$3.03B	USD	2 Qtrs
Shareholders' equity (deficit) - end of period	`ShareholdersEquityDeficit`	-	USD	Point-in-time
Shareholders' equity (deficit) - end of period	`ShareholdersEquityDeficit`	$-1.85B	USD	Point-in-time
Shareholders' equity (deficit) - end of period	`ShareholdersEquityDeficit`	$-2.33B	USD	Point-in-time

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