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10-Q Filing

ISHARES GOLD TRUST CIK: 1278680 Q3 2014
Filing Information
Form Type 10-Q
Accession Number 0001437749-14-020041
Period End Date 20140930
Filing Date 20141107
Fiscal Year 2014
Fiscal Period Q3
XBRL Instance iau-20140930.xml
Filing Contents
Balance Sheet 37 line items
Line Item Tag Value Unit Period
Investment in gold bullion, cost InvestmentOwnedAtCost $6.39B USD Point-in-time
Investment in gold bullion, cost InvestmentOwnedAtCost $6.30B USD Point-in-time
Investment in gold bullion, cost InvestmentOwnedAtCost $6.27B USD Point-in-time
Gold bullion inventory, fair value GoldBullionInventoryFairValue $6.86B USD Point-in-time
Investment in gold bullion InvestmentOwnedAtFairValue $6.97B USD Point-in-time
Gold bullion inventory, fair value GoldBullionInventoryFairValue $11.65B USD Point-in-time
Investment in gold bullion InvestmentOwnedAtFairValue $6.35B USD Point-in-time
Gold bullion inventory, fair value GoldBullionInventoryFairValue $6.27B USD Point-in-time
Gold bullion inventory, fair value GoldBullionInventoryFairValue $7.58B USD Point-in-time
Investment in gold bullion InvestmentOwnedAtFairValue $6.27B USD Point-in-time
Redeemable capital Shares, par value TemporaryEquityParOrStatedValuePerShare - USD Point-in-time
Gold bullion inventory OtherInventory $6.33B USD Point-in-time
Redeemable capital Shares, par value TemporaryEquityParOrStatedValuePerShare - USD Point-in-time
Payable for capital Shares redeemed PayableForCapitalSharesRedeemed $56.77M USD Point-in-time
Shares issued TemporaryEquitySharesIssued 539.20M shares Point-in-time
Shares issued TemporaryEquitySharesIssued 538.00M shares Point-in-time
TOTAL ASSETS Assets $6.35B USD Point-in-time
TOTAL ASSETS Assets $6.27B USD Point-in-time
Sponsors fees payable AccruedLiabilitiesCurrent $1.35M USD Point-in-time
Sponsors fees payable AccruedLiabilitiesCurrent $1.39M USD Point-in-time
Total liabilities Liabilities $1.35M USD Point-in-time
Total liabilities Liabilities $1.39M 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 $-2.33B USD Point-in-time
Shareholders equity (deficit) StockholdersEquity $6.35B USD Point-in-time
Shareholders equity (deficit) StockholdersEquity - USD Point-in-time
TOTAL LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS EQUITY (DEFICIT) LiabilitiesAndStockholdersEquity $6.35B USD Point-in-time
TOTAL LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS EQUITY (DEFICIT) LiabilitiesAndStockholdersEquity $6.27B USD 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 539.20M 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 $11.66 USD Point-in-time
Net asset value per Share(e) (in Dollars per share) TemporaryEquityRedemptionPricePerShare $12.74 USD Point-in-time
Net asset value per Share(e) (in Dollars per share) TemporaryEquityRedemptionPricePerShare $11.78 USD Point-in-time
Income Statement 52 line items
Line Item Tag Value Unit Period
Proceeds from sales of gold bullion inventory to pay expenses SaleOfTrustAssetsToPayExpenses $18.23M USD 3 Qtrs
Proceeds from sales of gold bullion inventory to pay expenses SaleOfTrustAssetsToPayExpenses $4.85M USD 1 Quarter
Cost of gold bullion inventory sold to pay expenses CostOfTrustAssetsSoldToPayExpenses $16.40M USD 3 Qtrs
Cost of gold bullion inventory sold to pay expenses CostOfTrustAssetsSoldToPayExpenses $4.96M USD 1 Quarter
Gain (loss) on sales of gold bullion inventory to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $-112.00K USD 1 Quarter
Gain (loss) on sales of gold bullion inventory to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $1.83M USD 3 Qtrs
Gain (loss) on sales of gold bullion inventory to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $749.00K USD 3 Qtrs
Gain (loss) on sales of gold bullion inventory to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $293.00K USD 1 Quarter
Gain (loss) on gold bullion distributed for the redemption of Shares GainLossOnGoldDistributedForRedemptionOfShares $194.51M USD 3 Qtrs
Gain (loss) on gold bullion distributed for the redemption of Shares GainLossOnGoldDistributedForRedemptionOfShares $-10.45M USD 1 Quarter
Total gain (loss) on sales and distributions of gold bullion GainLossOnSalesAndDistributionsOfGold $-10.56M USD 1 Quarter
Total gain (loss) on sales and distributions of gold bullion GainLossOnSalesAndDistributionsOfGold $196.34M USD 3 Qtrs
Adjustment to gold bullion inventory(a)(b) InventoryWriteDown - USD 3 Qtrs
Adjustment to gold bullion inventory(a)(b) InventoryWriteDown - USD 1 Quarter
Adjustment to gold bullion inventory(a)(b) InventoryWriteDown $-782.67M USD 1 Quarter
Adjustment to gold bullion inventory(a)(b) InventoryWriteDown $111.95M USD 3 Qtrs
Total gain on gold bullion Revenues $84.38M USD 3 Qtrs
Total gain on gold bullion Revenues $772.11M USD 1 Quarter
Sponsors fees SponsorsFees $17.33M USD 3 Qtrs
Sponsors fees SponsorsFees $12.71M USD 3 Qtrs
Sponsors fees SponsorsFees $4.29M USD 1 Quarter
Sponsors fees SponsorsFees $4.79M USD 1 Quarter
Total expenses(b) OperatingExpenses $17.33M USD 3 Qtrs
Total expenses(b) OperatingExpenses $4.79M USD 1 Quarter
Total expenses(b) OperatingExpenses $12.71M USD 3 Qtrs
Total expenses(b) OperatingExpenses $4.29M USD 1 Quarter
Net investment loss(c) OperatingIncomeLoss $-4.29M USD 1 Quarter
Net investment loss(c) OperatingIncomeLoss $-12.71M USD 3 Qtrs
Net realized gain from investment in gold bullion sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $-112.00K USD 1 Quarter
Net realized gain from investment in gold bullion sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $1.83M USD 3 Qtrs
Net realized gain from investment in gold bullion sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $749.00K USD 3 Qtrs
Net realized gain from investment in gold bullion sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $293.00K USD 1 Quarter
Net realized gain from gold bullion distributed for the redemption of Shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares $5.83M USD 1 Quarter
Net realized gain from gold bullion distributed for the redemption of Shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares $15.01M USD 3 Qtrs
Net realized gain from gold bullion distributed for the redemption of Shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares $194.51M USD 3 Qtrs
Net change in unrealized appreciation/depreciation on investment in gold bullion UnrealizedGainLossOnInvestments $48.81M USD 3 Qtrs
Net change in unrealized appreciation/depreciation on investment in gold bullion UnrealizedGainLossOnInvestments $-529.52M USD 1 Quarter
Net realized and unrealized gain (loss) GainLossOnInvestments $64.57M USD 3 Qtrs
Net realized and unrealized gain (loss) GainLossOnInvestments $-523.40M USD 1 Quarter
NET INCOME (LOSS) NetIncomeLoss $67.05M USD 3 Qtrs
NET INCOME (LOSS) NetIncomeLoss $-527.70M USD 1 Quarter
NET INCOME (LOSS) NetIncomeLoss $767.32M USD 1 Quarter
NET INCOME (LOSS) NetIncomeLoss $51.86M USD 3 Qtrs
NET INCOME (LOSS) NetIncomeLoss $-628.07M USD Annual
Net income (loss) per Share (in Dollars per share) EarningsPerShareBasic $0.10 USD 3 Qtrs
Net income (loss) per Share (in Dollars per share) EarningsPerShareBasic $-0.96 USD 1 Quarter
Net income (loss) per Share (in Dollars per share) EarningsPerShareBasic $0.10 USD 3 Qtrs
Net income (loss) per Share (in Dollars per share) EarningsPerShareBasic $1.30 USD 1 Quarter
Weighted-average Shares outstanding (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 590.37M shares 1 Quarter
Weighted-average Shares outstanding (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 648.05M shares 3 Qtrs
Weighted-average Shares outstanding (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 548.12M shares 1 Quarter
Weighted-average Shares outstanding (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 544.53M shares 3 Qtrs
Cash Flow Statement 44 line items
Line Item Tag Value Unit Period
Proceeds from sales of gold bullion inventory to pay expenses ProceedsFromSaleOfTrustAssetsToPayExpenses $12.75M USD 3 Qtrs
Proceeds from sales of gold bullion inventory to pay expenses ProceedsFromSaleOfTrustAssetsToPayExpenses $18.23M USD 3 Qtrs
Expenses Sponsors fees paid PaymentsForFees $18.23M USD 3 Qtrs
Expenses Sponsors fees paid PaymentsForFees $12.75M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities - USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities - USD 3 Qtrs
Gold bullion contributed for subscription of Shares(b) FairValueOfAssetsAcquired $389.40M USD 3 Qtrs
Gold bullion contributed for subscription of Shares(b) FairValueOfAssetsAcquired $847.97M USD 3 Qtrs
Gold bullion distributed for redemption of Shares(b) OtherSignificantNoncashTransactionValueOfConsiderationGiven1 $360.75M USD 3 Qtrs
Gold bullion distributed for redemption of Shares(b) OtherSignificantNoncashTransactionValueOfConsiderationGiven1 $2.46B USD 3 Qtrs
Increase (decrease) in cash CashAndCashEquivalentsPeriodIncreaseDecrease - USD 3 Qtrs
Increase (decrease) in cash CashAndCashEquivalentsPeriodIncreaseDecrease - USD 3 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 NetIncomeLoss $67.05M USD 3 Qtrs
Net income NetIncomeLoss $-527.70M USD 1 Quarter
Net income NetIncomeLoss $767.32M USD 1 Quarter
Net income NetIncomeLoss $51.86M USD 3 Qtrs
Net income NetIncomeLoss $-628.07M USD Annual
Proceeds from sales of investment in gold bullion sold to pay expenses ProceedsFromSaleOfTrustAssetsToPayExpenses $12.75M USD 3 Qtrs
Proceeds from sales of investment in gold bullion sold to pay expenses ProceedsFromSaleOfTrustAssetsToPayExpenses $18.23M USD 3 Qtrs
Net realized gain from investment in gold bullion sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $-112.00K USD 1 Quarter
Net realized gain from investment in gold bullion sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $1.83M USD 3 Qtrs
Net realized gain from investment in gold bullion sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $749.00K USD 3 Qtrs
Net realized gain from investment in gold bullion sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $293.00K USD 1 Quarter
Cost of gold bullion inventory sold to pay expenses CostOfTrustAssetsSoldToPayExpenses $16.40M USD 3 Qtrs
Cost of gold bullion inventory sold to pay expenses CostOfTrustAssetsSoldToPayExpenses $4.96M USD 1 Quarter
Net realized gain from gold bullion distributed for the redemption of Shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares $5.83M USD 1 Quarter
Net realized gain from gold bullion distributed for the redemption of Shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares $15.01M USD 3 Qtrs
Net realized gain from gold bullion distributed for the redemption of Shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares $194.51M USD 3 Qtrs
Net change in unrealized appreciation/depreciation on investment in gold bullion UnrealizedGainLossOnInvestments $48.81M USD 3 Qtrs
Net change in unrealized appreciation/depreciation on investment in gold bullion UnrealizedGainLossOnInvestments $-529.52M USD 1 Quarter
Adjustment to gold bullion inventory(a) InventoryWriteDown - USD 3 Qtrs
Adjustment to gold bullion inventory(a) InventoryWriteDown - USD 1 Quarter
Adjustment to gold bullion inventory(a) InventoryWriteDown $-782.67M USD 1 Quarter
Adjustment to gold bullion inventory(a) InventoryWriteDown $111.95M USD 3 Qtrs
Sponsors fees payable IncreaseDecreaseInAccruedLiabilities $-44.00K USD 3 Qtrs
Sponsors fees payable IncreaseDecreaseInAccruedLiabilities $-896.00K USD 3 Qtrs
Stockholders Equity 28 line items
Line Item Tag Value Unit Period
Shareholders equity (deficit) beginning of period(a) StockholdersEquity $-2.33B USD Point-in-time
Shareholders equity (deficit) beginning of period(a) StockholdersEquity $6.35B USD Point-in-time
Shareholders equity (deficit) beginning of period(a) StockholdersEquity - USD Point-in-time
Subscriptions TemporaryEquityStockIssuedDuringPeriodValueNewIssues $928.37M USD Annual
Subscriptions TemporaryEquityStockIssuedDuringPeriodValueNewIssues $389.40M USD 2 Qtrs
Redemptions ValueOfStockClassifiedAsTemporaryEquitySurrenderedDuringReportingPeriod $360.75M USD 2 Qtrs
Redemptions ValueOfStockClassifiedAsTemporaryEquitySurrenderedDuringReportingPeriod $3.34B USD Annual
Net investment loss OperatingIncomeLoss $-4.29M USD 1 Quarter
Net investment loss OperatingIncomeLoss $-12.71M USD 3 Qtrs
Net realized gain from investment in gold bullion sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $-112.00K USD 1 Quarter
Net realized gain from investment in gold bullion sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $1.83M USD 3 Qtrs
Net realized gain from investment in gold bullion sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $749.00K USD 3 Qtrs
Net realized gain from investment in gold bullion sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $293.00K USD 1 Quarter
Net realized gain from gold bullion distributed for the redemption of Shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares $5.83M USD 1 Quarter
Net realized gain from gold bullion distributed for the redemption of Shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares $15.01M USD 3 Qtrs
Net realized gain from gold bullion distributed for the redemption of Shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares $194.51M USD 3 Qtrs
Net change in unrealized appreciation/depreciation on investment in gold bullion UnrealizedGainLossOnInvestments $48.81M USD 3 Qtrs
Net change in unrealized appreciation/depreciation on investment in gold bullion UnrealizedGainLossOnInvestments $-529.52M USD 1 Quarter
Net loss NetIncomeLoss $67.05M USD 3 Qtrs
Net loss NetIncomeLoss $-527.70M USD 1 Quarter
Net loss NetIncomeLoss $767.32M USD 1 Quarter
Net loss NetIncomeLoss $51.86M USD 3 Qtrs
Net loss NetIncomeLoss $-628.07M USD Annual
Adjustment of redeemable capital Shares to redemption value TemporaryEquityIssuePeriodIncreaseOrDecrease $2.96B USD Annual
Adjustment of redeemable capital Shares to redemption value TemporaryEquityIssuePeriodIncreaseOrDecrease $28.65M USD 2 Qtrs
Shareholders equity (deficit) end of period StockholdersEquity $-2.33B USD Point-in-time
Shareholders equity (deficit) end of period StockholdersEquity $6.35B USD Point-in-time
Shareholders equity (deficit) end of period StockholdersEquity - USD Point-in-time

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

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