10-Q Filing

SPDR GOLD TRUST CIK: 1222333 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001193125-16-569164`
Period End Date	20160331
Filing Date	20160429
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	gld-20160331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 33 Income Statement 68 Cash Flow Statement 63 Stockholders Equity 30

Balance Sheet 33 line items

Line Item	Tag	Value	Unit	Period
Investment in Gold, at cost	`InvestmentOwnedAtCost`	$27.10B	USD	Point-in-time
Investment in Gold, at cost	`InvestmentOwnedAtCost`	$32.29B	USD	Point-in-time
Investment in Gold (cost $32,291,686 and $27,103,546, at March 31, 2016 and September 30, 2015, respectively)	`InvestmentOwnedAtFairValue`	$24.50B	USD	Point-in-time
Common stock, par value	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Investment in Gold (cost $32,291,686 and $27,103,546, at March 31, 2016 and September 30, 2015, respectively)	`InvestmentOwnedAtFairValue`	$32.76B	USD	Point-in-time
Gold receivable	`ReceivablesNetCurrent`	$117.35M	USD	Point-in-time
Gold receivable	`ReceivablesNetCurrent`	$70.94M	USD	Point-in-time
Total Assets	`Assets`	$24.62B	USD	Point-in-time
Total Assets	`Assets`	$32.83B	USD	Point-in-time
Gold payable	`GoldPayable`	-	USD	Point-in-time
Gold payable	`GoldPayable`	$248.29M	USD	Point-in-time
Accounts payable to related parties and other vendors	`DueToRelatedPartiesCurrent`	$10.93M	USD	Point-in-time
Accounts payable to related parties and other vendors	`DueToRelatedPartiesCurrent`	$8.09M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$172.00K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$402.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$8.50M	USD	Point-in-time
Total Liabilities	`Liabilities`	$259.39M	USD	Point-in-time
Net Assets	`AssetsNet`	$32.57B	USD	Point-in-time
Net Assets	`AssetsNet`	$30.10B	USD	Point-in-time
Net Assets	`AssetsNet`	$24.61B	USD	Point-in-time
Shares issued	`TemporaryEquitySharesIssued`	230.70M	shares	Point-in-time
Shares issued	`TemporaryEquitySharesIssued`	275.50M	shares	Point-in-time
Shares outstanding	`TemporaryEquitySharesOutstanding`	230.70M	shares	Point-in-time
Shares outstanding	`TemporaryEquitySharesOutstanding`	275.50M	shares	Point-in-time
Net asset value per Share	`NetAssetValuePerShare`	$113.91	USD	Point-in-time
Net asset value per Share	`NetAssetValuePerShare`	$116.97	USD	Point-in-time
Net asset value per Share	`NetAssetValuePerShare`	$106.68	USD	Point-in-time
Net asset value per Share	`NetAssetValuePerShare`	$115.20	USD	Point-in-time
Net asset value per Share	`NetAssetValuePerShare`	$101.62	USD	Point-in-time
Net asset value per Share	`NetAssetValuePerShare`	$118.23	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Custody fees	`CustodyFees`	$9.84M	USD	2 Qtrs
Custody fees	`CustodyFees`	$4.93M	USD	1 Quarter
Custody fees	`CustodyFees`	-	USD	1 Quarter
Custody fees	`CustodyFees`	-	USD	2 Qtrs
Trustee fees	`TrusteeFees`	$997.00K	USD	2 Qtrs
Trustee fees	`TrusteeFees`	-	USD	1 Quarter
Trustee fees	`TrusteeFees`	$493.00K	USD	1 Quarter
Trustee fees	`TrusteeFees`	-	USD	2 Qtrs
Sponsor fees	`SponsorFees`	$27.56M	USD	1 Quarter
Sponsor fees	`SponsorFees`	$9.81M	USD	1 Quarter
Sponsor fees	`SponsorFees`	$20.74M	USD	2 Qtrs
Sponsor fees	`SponsorFees`	$51.38M	USD	2 Qtrs
Marketing agent fees	`MarketingExpense`	-	USD	2 Qtrs
Marketing agent fees	`MarketingExpense`	$9.81M	USD	1 Quarter
Marketing agent fees	`MarketingExpense`	$20.74M	USD	2 Qtrs
Marketing agent fees	`MarketingExpense`	-	USD	1 Quarter
Other expenses	`OtherExpenses`	-	USD	2 Qtrs
Other expenses	`OtherExpenses`	$4.77M	USD	1 Quarter
Other expenses	`OtherExpenses`	-	USD	1 Quarter
Other expenses	`OtherExpenses`	$9.19M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$27.56M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$51.38M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$61.50M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$29.81M	USD	1 Quarter
Fees waived	`RecoveryOfDirectCosts`	-	USD	1 Quarter
Fees waived	`RecoveryOfDirectCosts`	-	USD	2 Qtrs
Fees waived	`RecoveryOfDirectCosts`	$948.00K	USD	1 Quarter
Fees waived	`RecoveryOfDirectCosts`	$4.10M	USD	2 Qtrs
Net expenses	`OperatingIncomeLoss`	$-51.38M	USD	2 Qtrs
Net expenses	`OperatingIncomeLoss`	$-57.40M	USD	2 Qtrs
Net expenses	`OperatingIncomeLoss`	$-28.86M	USD	1 Quarter
Net expenses	`OperatingIncomeLoss`	$-27.56M	USD	1 Quarter
Net investment loss	`NetInvestmentIncome`	$-28.86M	USD	1 Quarter
Net investment loss	`NetInvestmentIncome`	$-110.01M	USD	Annual
Net investment loss	`NetInvestmentIncome`	$-27.56M	USD	1 Quarter
Net investment loss	`NetInvestmentIncome`	$-57.40M	USD	2 Qtrs
Net investment loss	`NetInvestmentIncome`	$-51.38M	USD	2 Qtrs
Net realized gain/(loss) from investment in gold sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-3.77M	USD	2 Qtrs
Net realized gain/(loss) from investment in gold sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-953.00K	USD	1 Quarter
Net realized gain/(loss) from investment in gold sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.71M	USD	2 Qtrs
Net realized gain/(loss) from investment in gold sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-815.00K	USD	1 Quarter
Net realized gain/(loss) from investment in gold sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-5.17M	USD	Annual
Net realized gain/(loss) from gold distributed for the redemption of Shares	`NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares`	$-447.04M	USD	Annual
Net realized gain/(loss) from gold distributed for the redemption of Shares	`NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares`	$1.93M	USD	1 Quarter
Net realized gain/(loss) from gold distributed for the redemption of Shares	`NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares`	$-166.65M	USD	2 Qtrs
Net realized gain/(loss) from gold distributed for the redemption of Shares	`NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares`	$-59.78M	USD	1 Quarter
Net realized gain/(loss) from gold distributed for the redemption of Shares	`NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares`	$-360.56M	USD	2 Qtrs
Net change in unrealized appreciation/(depreciation) on investment in gold	`UnrealizedGainLossOnInvestments`	$-2.12B	USD	Annual
Net change in unrealized appreciation/(depreciation) on investment in gold	`UnrealizedGainLossOnInvestments`	$-728.43M	USD	2 Qtrs
Net change in unrealized appreciation/(depreciation) on investment in gold	`UnrealizedGainLossOnInvestments`	$-395.20M	USD	1 Quarter
Net change in unrealized appreciation/(depreciation) on investment in gold	`UnrealizedGainLossOnInvestments`	$3.07B	USD	2 Qtrs
Net change in unrealized appreciation/(depreciation) on investment in gold	`UnrealizedGainLossOnInvestments`	$3.82B	USD	1 Quarter
Net realized and change in unrealized gain/(loss) on investment in gold	`GainLossOnInvestments`	$3.82B	USD	1 Quarter
Net realized and change in unrealized gain/(loss) on investment in gold	`GainLossOnInvestments`	$-455.80M	USD	1 Quarter
Net realized and change in unrealized gain/(loss) on investment in gold	`GainLossOnInvestments`	$2.71B	USD	2 Qtrs
Net realized and change in unrealized gain/(loss) on investment in gold	`GainLossOnInvestments`	$-896.79M	USD	2 Qtrs
Net income/(loss)	`NetIncomeLoss`	$-954.19M	USD	2 Qtrs
Net income/(loss)	`NetIncomeLoss`	$2.65B	USD	2 Qtrs
Net income/(loss)	`NetIncomeLoss`	$-484.67M	USD	1 Quarter
Net income/(loss)	`NetIncomeLoss`	$3.80B	USD	1 Quarter
Net income/(loss) per share	`EarningsPerShareBasic`	$15.51	USD	1 Quarter
Net income/(loss) per share	`EarningsPerShareBasic`	$-3.85	USD	2 Qtrs
Net income/(loss) per share	`EarningsPerShareBasic`	$11.33	USD	2 Qtrs
Net income/(loss) per share	`EarningsPerShareBasic`	$-1.94	USD	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	244.85M	shares	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	250.39M	shares	1 Quarter
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	234.18M	shares	2 Qtrs
Weighted average number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	247.85M	shares	2 Qtrs

Cash Flow Statement 63 line items

Line Item	Tag	Value	Unit	Period
Cash proceeds received from sales of gold	`ProceedsFromCustomers`	$29.83M	USD	1 Quarter
Cash proceeds received from sales of gold	`ProceedsFromCustomers`	$59.01M	USD	2 Qtrs
Cash proceeds received from sales of gold	`ProceedsFromCustomers`	$48.77M	USD	2 Qtrs
Cash proceeds received from sales of gold	`ProceedsFromCustomers`	$24.26M	USD	1 Quarter
Cash expenses paid	`PaymentsForOperatingActivities`	$48.77M	USD	2 Qtrs
Cash expenses paid	`PaymentsForOperatingActivities`	$59.01M	USD	2 Qtrs
Cash expenses paid	`PaymentsForOperatingActivities`	$24.26M	USD	1 Quarter
Cash expenses paid	`PaymentsForOperatingActivities`	$29.83M	USD	1 Quarter
Increase/(Decrease) in cash resulting from operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	-	USD	2 Qtrs
Increase/(Decrease) in cash resulting from operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	-	USD	1 Quarter
Increase/(Decrease) in cash resulting from operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	-	USD	2 Qtrs
Increase/(Decrease) in cash resulting from operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	-	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Value of gold received for creation of shares - net of gold receivable	`FairValueOfAssetsAcquired`	$4.29B	USD	2 Qtrs
Value of gold received for creation of shares - net of gold receivable	`FairValueOfAssetsAcquired`	$3.30B	USD	1 Quarter
Value of gold received for creation of shares - net of gold receivable	`FairValueOfAssetsAcquired`	$9.48B	USD	2 Qtrs
Value of gold received for creation of shares - net of gold receivable	`FairValueOfAssetsAcquired`	$7.85B	USD	1 Quarter
Value of gold distributed for redemption of shares - net of gold payable	`FairValueOfGoldDistributedForRedemptionOfShares`	$5.31B	USD	2 Qtrs
Value of gold distributed for redemption of shares - net of gold payable	`FairValueOfGoldDistributedForRedemptionOfShares`	$867.54M	USD	1 Quarter
Value of gold distributed for redemption of shares - net of gold payable	`FairValueOfGoldDistributedForRedemptionOfShares`	$3.88B	USD	2 Qtrs
Value of gold distributed for redemption of shares - net of gold payable	`FairValueOfGoldDistributedForRedemptionOfShares`	$2.02B	USD	1 Quarter
Net Income/(Loss)	`NetIncomeLoss`	$-954.19M	USD	2 Qtrs
Net Income/(Loss)	`NetIncomeLoss`	$2.65B	USD	2 Qtrs
Net Income/(Loss)	`NetIncomeLoss`	$-484.67M	USD	1 Quarter
Net Income/(Loss)	`NetIncomeLoss`	$3.80B	USD	1 Quarter
Proceeds from sales of gold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$59.01M	USD	2 Qtrs
Proceeds from sales of gold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$48.77M	USD	2 Qtrs
Proceeds from sales of gold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$29.83M	USD	1 Quarter
Proceeds from sales of gold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$24.26M	USD	1 Quarter
Net realized (gain)/loss from investment in gold sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-3.77M	USD	2 Qtrs
Net realized (gain)/loss from investment in gold sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-953.00K	USD	1 Quarter
Net realized (gain)/loss from investment in gold sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.71M	USD	2 Qtrs
Net realized (gain)/loss from investment in gold sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-815.00K	USD	1 Quarter
Net realized (gain)/loss from investment in gold sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-5.17M	USD	Annual
Net realized (gain)/loss from gold distributed for the redemption of Shares	`NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares`	$-447.04M	USD	Annual
Net realized (gain)/loss from gold distributed for the redemption of Shares	`NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares`	$1.93M	USD	1 Quarter
Net realized (gain)/loss from gold distributed for the redemption of Shares	`NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares`	$-166.65M	USD	2 Qtrs
Net realized (gain)/loss from gold distributed for the redemption of Shares	`NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares`	$-59.78M	USD	1 Quarter
Net realized (gain)/loss from gold distributed for the redemption of Shares	`NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares`	$-360.56M	USD	2 Qtrs
Net change in unrealized (appreciation)/depreciation on investment in gold	`UnrealizedGainLossOnInvestments`	$-2.12B	USD	Annual
Net change in unrealized (appreciation)/depreciation on investment in gold	`UnrealizedGainLossOnInvestments`	$-728.43M	USD	2 Qtrs
Net change in unrealized (appreciation)/depreciation on investment in gold	`UnrealizedGainLossOnInvestments`	$-395.20M	USD	1 Quarter
Net change in unrealized (appreciation)/depreciation on investment in gold	`UnrealizedGainLossOnInvestments`	$3.07B	USD	2 Qtrs
Net change in unrealized (appreciation)/depreciation on investment in gold	`UnrealizedGainLossOnInvestments`	$3.82B	USD	1 Quarter
Increase/(Decrease) in liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-970.00K	USD	1 Quarter
Increase/(Decrease) in liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.61M	USD	2 Qtrs
Increase/(Decrease) in liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.30M	USD	1 Quarter
Increase/(Decrease) in liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.60M	USD	2 Qtrs
Increase/(Decrease) in cash resulting from operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	-	USD	2 Qtrs
Increase/(Decrease) in cash resulting from operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	-	USD	1 Quarter
Increase/(Decrease) in cash resulting from operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	-	USD	2 Qtrs
Increase/(Decrease) in cash resulting from operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	-	USD	1 Quarter

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Net Assets - Opening Balance	`AssetsNet`	$32.57B	USD	Point-in-time
Net Assets - Opening Balance	`AssetsNet`	$30.10B	USD	Point-in-time
Net Assets - Opening Balance	`AssetsNet`	$24.61B	USD	Point-in-time
Creations	`StockIssuedDuringPeriodValueNewIssues`	$9.43B	USD	2 Qtrs
Creations	`StockIssuedDuringPeriodValueNewIssues`	$6.45B	USD	Annual
Redemptions	`StockRepurchasedAndRetiredDuringPeriodValue`	$9.25B	USD	Annual
Redemptions	`StockRepurchasedAndRetiredDuringPeriodValue`	$4.12B	USD	2 Qtrs
Net investment loss	`NetInvestmentIncome`	$-28.86M	USD	1 Quarter
Net investment loss	`NetInvestmentIncome`	$-110.01M	USD	Annual
Net investment loss	`NetInvestmentIncome`	$-27.56M	USD	1 Quarter
Net investment loss	`NetInvestmentIncome`	$-57.40M	USD	2 Qtrs
Net investment loss	`NetInvestmentIncome`	$-51.38M	USD	2 Qtrs
Net realized gain/(loss) from investment in gold sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-3.77M	USD	2 Qtrs
Net realized gain/(loss) from investment in gold sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-953.00K	USD	1 Quarter
Net realized gain/(loss) from investment in gold sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.71M	USD	2 Qtrs
Net realized gain/(loss) from investment in gold sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-815.00K	USD	1 Quarter
Net realized gain/(loss) from investment in gold sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-5.17M	USD	Annual
Net realized gain/(loss) from gold distributed for the redemption of Shares	`NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares`	$-447.04M	USD	Annual
Net realized gain/(loss) from gold distributed for the redemption of Shares	`NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares`	$1.93M	USD	1 Quarter
Net realized gain/(loss) from gold distributed for the redemption of Shares	`NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares`	$-166.65M	USD	2 Qtrs
Net realized gain/(loss) from gold distributed for the redemption of Shares	`NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares`	$-59.78M	USD	1 Quarter
Net realized gain/(loss) from gold distributed for the redemption of Shares	`NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares`	$-360.56M	USD	2 Qtrs
Net change in unrealized appreciation/(depreciation) on investment in gold	`UnrealizedGainLossOnInvestments`	$-2.12B	USD	Annual
Net change in unrealized appreciation/(depreciation) on investment in gold	`UnrealizedGainLossOnInvestments`	$-728.43M	USD	2 Qtrs
Net change in unrealized appreciation/(depreciation) on investment in gold	`UnrealizedGainLossOnInvestments`	$-395.20M	USD	1 Quarter
Net change in unrealized appreciation/(depreciation) on investment in gold	`UnrealizedGainLossOnInvestments`	$3.07B	USD	2 Qtrs
Net change in unrealized appreciation/(depreciation) on investment in gold	`UnrealizedGainLossOnInvestments`	$3.82B	USD	1 Quarter
Net Assets - Closing Balance	`AssetsNet`	$32.57B	USD	Point-in-time
Net Assets - Closing Balance	`AssetsNet`	$30.10B	USD	Point-in-time
Net Assets - Closing Balance	`AssetsNet`	$24.61B	USD	Point-in-time

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