10-K Filing

ISHARES SILVER TRUST CIK: 1330568 FY 2013

Filing Information

Form Type	10-K
Accession Number	`0001437749-14-003125`
Period End Date	20131231
Filing Date	20140228
Fiscal Year	2013
Fiscal Period	FY
XBRL Instance	slv-20131231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 34 Income Statement 36 Cash Flow Statement 41 Stockholders Equity 14

Balance Sheet 34 line items

Line Item	Tag	Value	Unit	Period
Silver bullion inventory, fair value (in Dollars)	`SilverBullionInventoryFairValue`	$10.76B	USD	Point-in-time
Silver bullion inventory, fair value (in Dollars)	`SilverBullionInventoryFairValue`	$8.70B	USD	Point-in-time
Silver bullion inventory, fair value (in Dollars)	`SilverBullionInventoryFairValue`	$6.24B	USD	Point-in-time
Silver bullion inventory, fair value (in Dollars)	`SilverBullionInventoryFairValue`	$9.71B	USD	Point-in-time
Redeemable capital Shares, no par value (in Dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Silver bullion inventory (fair value of $6,243,467 and $9,710,962, respectively)	`OtherInventory`	$8.10B	USD	Point-in-time
Redeemable capital Shares, no par value (in Dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Silver bullion inventory (fair value of $6,243,467 and $9,710,962, respectively)	`OtherInventory`	$6.24B	USD	Point-in-time
Receivable for capital Shares sold	`ReceivableForCapitalSharesSold`	-	USD	Point-in-time
Receivable for capital Shares sold	`ReceivableForCapitalSharesSold`	$37.67M	USD	Point-in-time
Redeemable capital Shares, issued	`TemporaryEquitySharesIssued`	335.00M	shares	Point-in-time
Redeemable capital Shares, issued	`TemporaryEquitySharesIssued`	332.50M	shares	Point-in-time
Redeemable capital Shares, outstanding	`TemporaryEquitySharesOutstanding`	317.50M	shares	Point-in-time
Redeemable capital Shares, outstanding	`TemporaryEquitySharesOutstanding`	332.50M	shares	Point-in-time
Redeemable capital Shares, outstanding	`TemporaryEquitySharesOutstanding`	359.20M	shares	Point-in-time
Redeemable capital Shares, outstanding	`TemporaryEquitySharesOutstanding`	335.00M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$8.14B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$6.24B	USD	Point-in-time
Sponsors fees payable	`AccruedLiabilitiesCurrent`	$2.72M	USD	Point-in-time
Sponsors fees payable	`AccruedLiabilitiesCurrent`	$4.31M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.31M	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) 332,500,000 issued and outstanding at December 31, 2013 and 335,000,000 issued and outstanding at December 31, 2012	`TemporaryEquityRedemptionValue`	$6.24B	USD	Point-in-time
Redeemable capital Shares, no par value, unlimited amount authorized (at redemption value) 332,500,000 issued and outstanding at December 31, 2013 and 335,000,000 issued and outstanding at December 31, 2012	`TemporaryEquityRedemptionValue`	$9.71B	USD	Point-in-time
Redeemable capital Shares, no par value, unlimited amount authorized (at redemption value) 332,500,000 issued and outstanding at December 31, 2013 and 335,000,000 issued and outstanding at December 31, 2012	`TemporaryEquityRedemptionValue`	$8.70B	USD	Point-in-time
Redeemable capital Shares, no par value, unlimited amount authorized (at redemption value) 332,500,000 issued and outstanding at December 31, 2013 and 335,000,000 issued and outstanding at December 31, 2012	`TemporaryEquityRedemptionValue`	$10.75B	USD	Point-in-time
Shareholders equity (deficit)	`ShareholdersEquityDeficit`	-	USD	Point-in-time
Shareholders equity (deficit)	`ShareholdersEquityDeficit`	$-1.51B	USD	Point-in-time
Shareholders equity (deficit)	`ShareholdersEquityDeficit`	$-1.58B	USD	Point-in-time
Shareholders equity (deficit)	`ShareholdersEquityDeficit`	$-5.11B	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$6.24B	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$8.14B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Proceeds from sales of silver to pay expenses	`SaleOfTrustAssetsToPayExpenses`	$48.39M	USD	Annual
Proceeds from sales of silver to pay expenses	`SaleOfTrustAssetsToPayExpenses`	$57.90M	USD	Annual
Proceeds from sales of silver to pay expenses	`SaleOfTrustAssetsToPayExpenses`	$41.41M	USD	Annual
Cost of silver sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$33.10M	USD	Annual
Cost of silver sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$37.37M	USD	Annual
Cost of silver sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$43.30M	USD	Annual
Gain (loss) on sales of silver to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$24.80M	USD	Annual
Gain (loss) on sales of silver to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.89M	USD	Annual
Gain (loss) on sales of silver to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$11.02M	USD	Annual
Gain (loss) on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$3.10B	USD	Annual
Gain (loss) on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$427.77M	USD	Annual
Gain (loss) on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$-131.81M	USD	Annual
Total gain (loss) on sales and distributions of silver	`GainLossOnSalesAndDistributionsOfSilver`	$-133.70M	USD	Annual
Total gain (loss) on sales and distributions of silver	`GainLossOnSalesAndDistributionsOfSilver`	$438.80M	USD	Annual
Total gain (loss) on sales and distributions of silver	`GainLossOnSalesAndDistributionsOfSilver`	$3.13B	USD	Annual
Adjustment to silver bullion inventory (Note 2B)	`InventoryWriteDown`	-	USD	Annual
Adjustment to silver bullion inventory (Note 2B)	`InventoryWriteDown`	-	USD	Annual
Adjustment to silver bullion inventory (Note 2B)	`InventoryWriteDown`	$1.78B	USD	Annual
Total gain (loss) on silver	`Revenues`	$-1.91B	USD	Annual
Total gain (loss) on silver	`Revenues`	$3.13B	USD	Annual
Total gain (loss) on silver	`Revenues`	$438.80M	USD	Annual
Sponsors fees	`SponsorsFees`	$57.62M	USD	Annual
Sponsors fees	`SponsorsFees`	$48.66M	USD	Annual
Sponsors fees	`SponsorsFees`	$39.82M	USD	Annual
Total expenses	`OperatingExpenses`	$57.62M	USD	Annual
Total expenses	`OperatingExpenses`	$39.82M	USD	Annual
Total expenses	`OperatingExpenses`	$48.66M	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$-1.95B	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$390.14M	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$3.07B	USD	Annual
Net income (loss) per Share (in Dollars per share)	`EarningsPerShareBasic`	$-5.65	USD	Annual
Net income (loss) per Share (in Dollars per share)	`EarningsPerShareBasic`	$1.21	USD	Annual
Net income (loss) per Share (in Dollars per share)	`EarningsPerShareBasic`	$9.16	USD	Annual
Weighted-average Shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	322.92M	shares	Annual
Weighted-average Shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	335.01M	shares	Annual
Weighted-average Shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	345.70M	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`	$41.41M	USD	Annual
Proceeds from sales of silver	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$48.39M	USD	Annual
Expenses Sponsors fees paid	`PaymentsForFees`	$57.90M	USD	Annual
Expenses Sponsors fees paid	`PaymentsForFees`	$48.39M	USD	Annual
Expenses Sponsors fees paid	`PaymentsForFees`	$41.41M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-1.95B	USD	Annual
Net income (loss)	`NetIncomeLoss`	$390.14M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$3.07B	USD	Annual
(Gain) loss on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$3.10B	USD	Annual
(Gain) loss on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$427.77M	USD	Annual
(Gain) loss on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$-131.81M	USD	Annual
Cost of silver sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$33.10M	USD	Annual
Cost of silver sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$37.37M	USD	Annual
Cost of silver sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$43.30M	USD	Annual
Adjustment to silver bullion inventory (Note 2B)	`InventoryWriteDown`	-	USD	Annual
Adjustment to silver bullion inventory (Note 2B)	`InventoryWriteDown`	-	USD	Annual
Adjustment to silver bullion inventory (Note 2B)	`InventoryWriteDown`	$1.78B	USD	Annual
Sponsors fees payable	`IncreaseDecreaseInAccruedLiabilities`	$-1.59M	USD	Annual
Sponsors fees payable	`IncreaseDecreaseInAccruedLiabilities`	$266.00K	USD	Annual
Sponsors 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`	$2.50B	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`	$2.10B	USD	Annual
Carrying value of silver distributed for redemption of Shares, at average cost	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$2.16B	USD	Annual
Carrying value of silver distributed for redemption of Shares, at average cost	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$3.60B	USD	Annual
Carrying value of silver distributed for redemption of Shares, at average cost	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$1.52B	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

Stockholders Equity 14 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`	$-1.51B	USD	Point-in-time
Shareholders equity (deficit) beginning of period	`ShareholdersEquityDeficit`	$-1.58B	USD	Point-in-time
Shareholders equity (deficit) beginning of period	`ShareholdersEquityDeficit`	$-5.11B	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-1.95B	USD	Annual
Net income (loss)	`NetIncomeLoss`	$390.14M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$3.07B	USD	Annual
Adjustment of redeemable capital Shares to redemption value	`TemporaryEquityIssuePeriodIncreaseOrDecrease`	$523.63M	USD	Annual
Adjustment of redeemable capital Shares to redemption value	`TemporaryEquityIssuePeriodIncreaseOrDecrease`	$3.53B	USD	Annual
Adjustment of redeemable capital Shares to redemption value	`TemporaryEquityIssuePeriodIncreaseOrDecrease`	$-454.64M	USD	Annual
Shareholders equity (deficit) end of period	`ShareholdersEquityDeficit`	-	USD	Point-in-time
Shareholders equity (deficit) end of period	`ShareholdersEquityDeficit`	$-1.51B	USD	Point-in-time
Shareholders equity (deficit) end of period	`ShareholdersEquityDeficit`	$-1.58B	USD	Point-in-time
Shareholders equity (deficit) end of period	`ShareholdersEquityDeficit`	$-5.11B	USD	Point-in-time

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