10-Q Filing

ISHARES GOLD TRUST CIK: 1278680 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001437749-14-014783`
Period End Date	20140630
Filing Date	20140808
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	iau-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 37 Income Statement 54 Cash Flow Statement 44 Stockholders Equity 29

Balance Sheet 37 line items

Line Item	Tag	Value	Unit	Period
Investment in gold bullion, cost	`InvestmentOwnedAtCost`	$6.27B	USD	Point-in-time
Investment in gold bullion, cost	`InvestmentOwnedAtCost`	$6.39B	USD	Point-in-time
Investment in gold bullion, cost	`InvestmentOwnedAtCost`	$6.40B	USD	Point-in-time
Gold bullion inventory, fair value	`GoldBullionInventoryFairValue`	$11.65B	USD	Point-in-time
Gold bullion inventory, fair value	`GoldBullionInventoryFairValue`	$6.86B	USD	Point-in-time
Gold bullion inventory, fair value	`GoldBullionInventoryFairValue`	$6.27B	USD	Point-in-time
Investment in gold bullion	`InvestmentOwnedAtFairValue`	$6.97B	USD	Point-in-time
Gold bullion inventory, fair value	`GoldBullionInventoryFairValue`	$10.90B	USD	Point-in-time
Investment in gold bullion	`InvestmentOwnedAtFairValue`	$6.86B	USD	Point-in-time
Investment in gold bullion	`InvestmentOwnedAtFairValue`	$6.27B	USD	Point-in-time
Gold bullion inventory	`OtherInventory`	$6.33B	USD	Point-in-time
Redeemable capital Shares, par value	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Redeemable capital Shares, par value	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Shares issued	`TemporaryEquitySharesIssued`	546.60M	shares	Point-in-time
Payable for capital Shares redeemed	`PayableForCapitalSharesRedeemed`	$56.77M	USD	Point-in-time
Shares issued	`TemporaryEquitySharesIssued`	538.00M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$6.97B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$6.27B	USD	Point-in-time
Sponsors fees payable	`AccruedLiabilitiesCurrent`	$1.39M	USD	Point-in-time
Sponsors fees payable	`AccruedLiabilitiesCurrent`	$1.38M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.39M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.38M	USD	Point-in-time
Commitments and contingent liabilities (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingent liabilities (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable capital Shares (at redemption value)	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$11.65B	USD	Point-in-time
Redeemable capital Shares (at redemption value)	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$6.27B	USD	Point-in-time
Shareholders equity (deficit)	`StockholdersEquity`	$6.96B	USD	Point-in-time
Shareholders equity (deficit)	`StockholdersEquity`	-	USD	Point-in-time
Shareholders equity (deficit)	`StockholdersEquity`	$-2.33B	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$6.27B	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$6.97B	USD	Point-in-time
Shares issued and outstanding(d) (in Shares)	`TemporaryEquitySharesOutstanding`	546.60M	shares	Point-in-time
Shares issued and outstanding(d) (in Shares)	`TemporaryEquitySharesOutstanding`	719.55M	shares	Point-in-time
Shares issued and outstanding(d) (in Shares)	`TemporaryEquitySharesOutstanding`	538.00M	shares	Point-in-time
Net asset value per Share(e) (in Dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$12.52	USD	Point-in-time
Net asset value per Share(e) (in Dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$11.66	USD	Point-in-time
Net asset value per Share(e) (in Dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$12.74	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Proceeds from sales of gold bullion inventory to pay expenses	`SaleOfTrustAssetsToPayExpenses`	$13.38M	USD	2 Qtrs
Proceeds from sales of gold bullion inventory to pay expenses	`SaleOfTrustAssetsToPayExpenses`	$6.20M	USD	1 Quarter
Cost of gold bullion inventory sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$5.63M	USD	1 Quarter
Cost of gold bullion inventory sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$11.45M	USD	2 Qtrs
Gain on sales of gold bullion inventory to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$222.00K	USD	1 Quarter
Gain on sales of gold bullion inventory to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$456.00K	USD	2 Qtrs
Gain on sales of gold bullion inventory to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$568.00K	USD	1 Quarter
Gain on sales of gold bullion inventory to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$1.94M	USD	2 Qtrs
Gain on gold bullion distributed for the redemption of Shares	`GainLossOnGoldDistributedForRedemptionOfShares`	$54.32M	USD	1 Quarter
Gain on gold bullion distributed for the redemption of Shares	`GainLossOnGoldDistributedForRedemptionOfShares`	$204.96M	USD	2 Qtrs
Gain on gold bullion distributed for the redemption of Shares	`GainLossOnGoldDistributedForRedemptionOfShares`	$9.18M	USD	2 Qtrs
Total gain on sales and distributions of gold bullion	`GainLossOnSalesAndDistributionsOfGold`	$206.90M	USD	2 Qtrs
Total gain on sales and distributions of gold bullion	`GainLossOnSalesAndDistributionsOfGold`	$54.89M	USD	1 Quarter
Adjustment to gold bullion inventory(a)(b)	`InventoryWriteDown`	-	USD	2 Qtrs
Adjustment to gold bullion inventory(a)(b)	`InventoryWriteDown`	-	USD	1 Quarter
Adjustment to gold bullion inventory(a)(b)	`InventoryWriteDown`	$894.63M	USD	2 Qtrs
Adjustment to gold bullion inventory(a)(b)	`InventoryWriteDown`	$894.63M	USD	1 Quarter
Total loss on gold bullion	`Revenues`	$-687.73M	USD	2 Qtrs
Total loss on gold bullion	`Revenues`	$-839.74M	USD	1 Quarter
Sponsors fees	`SponsorsFees`	$12.54M	USD	2 Qtrs
Sponsors fees	`SponsorsFees`	$8.41M	USD	2 Qtrs
Sponsors fees	`SponsorsFees`	$5.53M	USD	1 Quarter
Sponsors fees	`SponsorsFees`	$4.23M	USD	1 Quarter
Total expenses(b)	`OperatingExpenses`	$8.41M	USD	2 Qtrs
Total expenses(b)	`OperatingExpenses`	$12.54M	USD	2 Qtrs
Total expenses(b)	`OperatingExpenses`	$4.23M	USD	1 Quarter
Total expenses(b)	`OperatingExpenses`	$5.53M	USD	1 Quarter
Net investment loss(c)	`OperatingIncomeLoss`	$-8.41M	USD	2 Qtrs
Net investment loss(c)	`OperatingIncomeLoss`	$-4.23M	USD	1 Quarter
Net realized gain from investment in gold bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$222.00K	USD	1 Quarter
Net realized gain from investment in gold bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$456.00K	USD	2 Qtrs
Net realized gain from investment in gold bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$568.00K	USD	1 Quarter
Net realized gain from investment in gold bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$1.94M	USD	2 Qtrs
Net realized gain from gold bullion distributed for the redemptions of Shares	`NetRealizedGainFromGoldDistributedForTheRedemptionOfShares`	$204.96M	USD	2 Qtrs
Net realized gain from gold bullion distributed for the redemptions of Shares	`NetRealizedGainFromGoldDistributedForTheRedemptionOfShares`	$5.35M	USD	1 Quarter
Net realized gain from gold bullion distributed for the redemptions of Shares	`NetRealizedGainFromGoldDistributedForTheRedemptionOfShares`	$9.18M	USD	2 Qtrs
Net realized gain from gold bullion distributed for the redemptions of Shares	`NetRealizedGainFromGoldDistributedForTheRedemptionOfShares`	$54.32M	USD	1 Quarter
Net change in unrealized appreciation/depreciation on investment in gold bullion	`UnrealizedGainLossOnInvestments`	$578.33M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation on investment in gold bullion	`UnrealizedGainLossOnInvestments`	$114.89M	USD	1 Quarter
Net realized and unrealized gain	`GainLossOnInvestments`	$587.97M	USD	2 Qtrs
Net realized and unrealized gain	`GainLossOnInvestments`	$120.46M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-845.27M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-700.27M	USD	2 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$116.23M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-628.07M	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$579.55M	USD	2 Qtrs
Net income (loss) per Share (in Dollars per share)	`EarningsPerShareBasic`	$1.07	USD	2 Qtrs
Net income (loss) per Share (in Dollars per share)	`EarningsPerShareBasic`	$-1.03	USD	2 Qtrs
Net income (loss) per Share (in Dollars per share)	`EarningsPerShareBasic`	$0.21	USD	1 Quarter
Net income (loss) per Share (in Dollars per share)	`EarningsPerShareBasic`	$-1.33	USD	1 Quarter
Weighted-average Shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	542.70M	shares	2 Qtrs
Weighted-average Shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	543.39M	shares	1 Quarter
Weighted-average Shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	637.84M	shares	1 Quarter
Weighted-average Shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	677.37M	shares	2 Qtrs

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Proceeds from sales of gold bullion inventory to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$13.38M	USD	2 Qtrs
Proceeds from sales of gold bullion inventory to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$8.43M	USD	2 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$8.43M	USD	2 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$13.38M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	2 Qtrs
Gold bullion contributed for subscription of Shares(b)	`FairValueOfAssetsAcquired`	$298.18M	USD	2 Qtrs
Gold bullion contributed for subscription of Shares(b)	`FairValueOfAssetsAcquired`	$672.52M	USD	2 Qtrs
Gold bullion distributed for redemption of Shares(b)	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$184.25M	USD	2 Qtrs
Gold bullion distributed for redemption of Shares(b)	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$2.22B	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`	$-700.27M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$116.23M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-628.07M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$579.55M	USD	2 Qtrs
Proceeds from sales of investment in gold bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$13.38M	USD	2 Qtrs
Proceeds from sales of investment in gold bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$8.43M	USD	2 Qtrs
Net realized gain from investment in gold bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$222.00K	USD	1 Quarter
Net realized gain from investment in gold bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$456.00K	USD	2 Qtrs
Net realized gain from investment in gold bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$568.00K	USD	1 Quarter
Net realized gain from investment in gold bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$1.94M	USD	2 Qtrs
Cost of gold bullion inventory sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$5.63M	USD	1 Quarter
Cost of gold bullion inventory sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$11.45M	USD	2 Qtrs
Net realized gain from gold bullion distributed for the redemptions of Shares	`GainLossOnGoldDistributedForRedemptionOfShares`	$54.32M	USD	1 Quarter
Net realized gain from gold bullion distributed for the redemptions of Shares	`GainLossOnGoldDistributedForRedemptionOfShares`	$204.96M	USD	2 Qtrs
Net realized gain from gold bullion distributed for the redemptions of Shares	`GainLossOnGoldDistributedForRedemptionOfShares`	$9.18M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation on investment in gold bullion	`UnrealizedGainLossOnInvestments`	$578.33M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation on investment in gold bullion	`UnrealizedGainLossOnInvestments`	$114.89M	USD	1 Quarter
Adjustment to gold bullion inventory(a)	`InventoryWriteDown`	-	USD	2 Qtrs
Adjustment to gold bullion inventory(a)	`InventoryWriteDown`	-	USD	1 Quarter
Adjustment to gold bullion inventory(a)	`InventoryWriteDown`	$894.63M	USD	2 Qtrs
Adjustment to gold bullion inventory(a)	`InventoryWriteDown`	$894.63M	USD	1 Quarter
Sponsors fees payable	`IncreaseDecreaseInAccruedLiabilities`	$-840.00K	USD	2 Qtrs
Sponsors fees payable	`IncreaseDecreaseInAccruedLiabilities`	$-16.00K	USD	2 Qtrs

Stockholders Equity 29 line items

Line Item	Tag	Value	Unit	Period
Shareholders equity (deficit) beginning of period(a)	`StockholdersEquity`	$6.96B	USD	Point-in-time
Shareholders equity (deficit) beginning of period(a)	`StockholdersEquity`	-	USD	Point-in-time
Shareholders equity (deficit) beginning of period(a)	`StockholdersEquity`	$-2.33B	USD	Point-in-time
Subscriptions	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$928.37M	USD	Annual
Subscriptions	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$298.18M	USD	1 Quarter
Redemptions	`ValueOfStockClassifiedAsTemporaryEquitySurrenderedDuringReportingPeriod`	$3.34B	USD	Annual
Redemptions	`ValueOfStockClassifiedAsTemporaryEquitySurrenderedDuringReportingPeriod`	$184.25M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-8.41M	USD	2 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-4.23M	USD	1 Quarter
Net realized gain from investment in gold bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$222.00K	USD	1 Quarter
Net realized gain from investment in gold bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$456.00K	USD	2 Qtrs
Net realized gain from investment in gold bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$568.00K	USD	1 Quarter
Net realized gain from investment in gold bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$1.94M	USD	2 Qtrs
Net realized gain from gold bullion distributed for the redemption of Shares	`NetRealizedGainFromGoldDistributedForTheRedemptionOfShares`	$204.96M	USD	2 Qtrs
Net realized gain from gold bullion distributed for the redemption of Shares	`NetRealizedGainFromGoldDistributedForTheRedemptionOfShares`	$5.35M	USD	1 Quarter
Net realized gain from gold bullion distributed for the redemption of Shares	`NetRealizedGainFromGoldDistributedForTheRedemptionOfShares`	$9.18M	USD	2 Qtrs
Net realized gain from gold bullion distributed for the redemption of Shares	`NetRealizedGainFromGoldDistributedForTheRedemptionOfShares`	$54.32M	USD	1 Quarter
Net change in unrealized appreciation/depreciation on investment in gold bullion	`UnrealizedGainLossOnInvestments`	$578.33M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation on investment in gold bullion	`UnrealizedGainLossOnInvestments`	$114.89M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-845.27M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-700.27M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$116.23M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-628.07M	USD	Annual
Net loss	`NetIncomeLoss`	$579.55M	USD	2 Qtrs
Adjustment of redeemable capital Shares to redemption value	`TemporaryEquityIssuePeriodIncreaseOrDecrease`	$113.92M	USD	1 Quarter
Adjustment of redeemable capital Shares to redemption value	`TemporaryEquityIssuePeriodIncreaseOrDecrease`	$2.96B	USD	Annual
Shareholders equity (deficit) end of period	`StockholdersEquity`	$6.96B	USD	Point-in-time
Shareholders equity (deficit) end of period	`StockholdersEquity`	-	USD	Point-in-time
Shareholders equity (deficit) end of period	`StockholdersEquity`	$-2.33B	USD	Point-in-time

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