10-K Filing

ISHARES SILVER TRUST CIK: 1330568 FY 2014

Filing Information

Form Type	10-K
Accession Number	`0001437749-15-003655`
Period End Date	20141231
Filing Date	20150227
Fiscal Year	2014
Fiscal Period	FY
XBRL Instance	slv-20141231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 34 Income Statement 38 Cash Flow Statement 45 Stockholders Equity 24

Balance Sheet 34 line items

Line Item	Tag	Value	Unit	Period
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.39B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.24B	USD	Point-in-time
Investment in silver bullion	`InvestmentOwnedAtFairValue`	$6.24B	USD	Point-in-time
Investment in silver bullion	`InvestmentOwnedAtFairValue`	$5.26B	USD	Point-in-time
Silver bullion inventory, fair value	`SilverBullionInventoryFairValue`	$8.70B	USD	Point-in-time
Silver bullion inventory, fair value	`SilverBullionInventoryFairValue`	$6.24B	USD	Point-in-time
Silver bullion inventory, fair value	`SilverBullionInventoryFairValue`	$9.71B	USD	Point-in-time
Silver bullion inventory	`OtherInventory`	$6.24B	USD	Point-in-time
Shares, par value	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Shares, par value	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Shares issued	`TemporaryEquitySharesIssued`	344.00M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$6.24B	USD	Point-in-time
Shares issued	`TemporaryEquitySharesIssued`	332.50M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$5.26B	USD	Point-in-time
Sponsors fees payable	`AccruedLiabilitiesCurrent`	$2.72M	USD	Point-in-time
Sponsors fees payable	`AccruedLiabilitiesCurrent`	$2.34M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.34M	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`	$9.71B	USD	Point-in-time
Redeemable capital Shares (at redemption value)	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$8.70B	USD	Point-in-time
Redeemable capital Shares (at redemption value)	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$6.24B	USD	Point-in-time
Shareholders equity (deficit)	`StockholdersEquity`	$5.26B	USD	Point-in-time
Shareholders equity (deficit)	`StockholdersEquity`	$-1.58B	USD	Point-in-time
Shareholders equity (deficit)	`StockholdersEquity`	$-1.51B	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`	$5.26B	USD	Point-in-time
Shares issued and outstanding(d) (in Shares)	`TemporaryEquitySharesOutstanding`	317.50M	shares	Point-in-time
Shares issued and outstanding(d) (in Shares)	`TemporaryEquitySharesOutstanding`	344.00M	shares	Point-in-time
Shares issued and outstanding(d) (in Shares)	`TemporaryEquitySharesOutstanding`	335.00M	shares	Point-in-time
Shares issued and outstanding(d) (in Shares)	`TemporaryEquitySharesOutstanding`	332.50M	shares	Point-in-time
Net asset value per Share(e) (in Dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$15.29	USD	Point-in-time
Net asset value per Share(e) (in Dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$18.77	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Proceeds from sales of silver bullion inventory to pay expenses	`SaleOfTrustAssetsToPayExpenses`	$48.39M	USD	Annual
Proceeds from sales of silver bullion inventory to pay expenses	`SaleOfTrustAssetsToPayExpenses`	$41.41M	USD	Annual
Cost of silver bullion inventory sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$43.30M	USD	Annual
Cost of silver bullion inventory sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$37.37M	USD	Annual
Gain (loss) on sales of silver bullion inventory to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.89M	USD	Annual
Gain (loss) on sales of silver bullion inventory to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.06M	USD	Annual
Gain (loss) on sales of silver bullion inventory to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$11.02M	USD	Annual
Gain (loss) on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$-131.81M	USD	Annual
Gain (loss) on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$427.77M	USD	Annual
Total gain (loss) on sales and distributions of silver bullion	`GainLossOnSalesAndDistributionsOfSilver`	$438.80M	USD	Annual
Total gain (loss) on sales and distributions of silver bullion	`GainLossOnSalesAndDistributionsOfSilver`	$-133.70M	USD	Annual
Adjustment to silver bullion inventory	`InventoryWriteDown`	$1.78B	USD	Annual
Total gain (loss) on silver bullion	`Revenues`	$-1.91B	USD	Annual
Total gain (loss) on silver bullion	`Revenues`	$438.80M	USD	Annual
Sponsors fees	`SponsorsFees`	$39.82M	USD	Annual
Sponsors fees	`SponsorsFees`	$48.66M	USD	Annual
Sponsors fees	`SponsorsFees`	$31.58M	USD	Annual
Total expenses	`OperatingExpenses`	$48.66M	USD	Annual
Total expenses	`OperatingExpenses`	$31.58M	USD	Annual
Total expenses	`OperatingExpenses`	$39.82M	USD	Annual
Net investment loss(b)	`OperatingIncomeLoss`	$-31.58M	USD	Annual
Net realized loss from investment in silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.89M	USD	Annual
Net realized loss from investment in silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.06M	USD	Annual
Net realized loss from investment in silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$11.02M	USD	Annual
Net realized loss from silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-77.39M	USD	Annual
Net realized loss from silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$427.77M	USD	Annual
Net realized loss from silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-131.81M	USD	Annual
Net change in unrealized appreciation/depreciation on investment in silver bullion	`UnrealizedGainLossOnInvestments`	$-1.12B	USD	Annual
Net realized and unrealized loss	`GainLossOnInvestments`	$-1.20B	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$-1.95B	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$390.14M	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$-1.23B	USD	Annual
Net income (loss) per Share (in Dollars per share)	`EarningsPerShareBasic`	$-3.57	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`	$-5.65	USD	Annual
Weighted-average Shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	345.73M	shares	Annual
Weighted-average Shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	345.70M	shares	Annual
Weighted-average Shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	322.92M	shares	Annual

Cash Flow Statement 45 line items

Line Item	Tag	Value	Unit	Period
Proceeds from sales of silver bullion inventory to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$48.39M	USD	Annual
Proceeds from sales of silver bullion inventory to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$41.41M	USD	Annual
Proceeds from sales of silver bullion inventory to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$31.96M	USD	Annual
Expenses Sponsors fees paid	`PaymentsForFees`	$31.96M	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`	$-1.23B	USD	Annual
Proceeds from sales of investment in silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$48.39M	USD	Annual
Proceeds from sales of investment in silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$41.41M	USD	Annual
Proceeds from sales of investment in silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$31.96M	USD	Annual
Net realized loss from investment in silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.89M	USD	Annual
Net realized loss from investment in silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.06M	USD	Annual
Net realized loss from investment in silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$11.02M	USD	Annual
Cost of silver bullion inventory sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$43.30M	USD	Annual
Cost of silver bullion inventory sold to pay expenses	`CostOfTrustAssetsSoldToPayExpenses`	$37.37M	USD	Annual
Net realized (gain) loss from silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-77.39M	USD	Annual
Net realized (gain) loss from silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$427.77M	USD	Annual
Net realized (gain) loss from silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-131.81M	USD	Annual
Net change in unrealized appreciation/depreciation on investment in silver bullion	`UnrealizedGainLossOnInvestments`	$-1.12B	USD	Annual
Adjustment to silver bullion inventory	`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`	$-382.00K	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
Silver bullion contributed for subscription of Shares(a)	`FairValueOfAssetsAcquired`	$2.10B	USD	Annual
Silver bullion contributed for subscription of Shares(a)	`FairValueOfAssetsAcquired`	$1.36B	USD	Annual
Silver bullion contributed for subscription of Shares(a)	`FairValueOfAssetsAcquired`	$2.50B	USD	Annual
Silver bullion distributed for redemption of Shares(a)	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$2.16B	USD	Annual
Silver bullion distributed for redemption of Shares(a)	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$1.52B	USD	Annual
Silver bullion distributed for redemption of Shares(a)	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$1.11B	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 24 line items

Line Item	Tag	Value	Unit	Period
Shareholders equity (deficit) beginning of period(a)	`StockholdersEquity`	$5.26B	USD	Point-in-time
Shareholders equity (deficit) beginning of period(a)	`StockholdersEquity`	$-1.58B	USD	Point-in-time
Shareholders equity (deficit) beginning of period(a)	`StockholdersEquity`	$-1.51B	USD	Point-in-time
Subscriptions	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$1.36B	USD	Annual
Subscriptions	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$2.50B	USD	Annual
Subscriptions	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$2.10B	USD	Annual
Redemptions	`ValueOfStockClassifiedAsTemporaryEquitySurrenderedDuringReportingPeriod`	$1.11B	USD	Annual
Redemptions	`ValueOfStockClassifiedAsTemporaryEquitySurrenderedDuringReportingPeriod`	$2.03B	USD	Annual
Redemptions	`ValueOfStockClassifiedAsTemporaryEquitySurrenderedDuringReportingPeriod`	$1.94B	USD	Annual
Net investment loss	`OperatingIncomeLoss`	$-31.58M	USD	Annual
Net realized loss from investment in silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.89M	USD	Annual
Net realized loss from investment in silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.06M	USD	Annual
Net realized loss from investment in silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$11.02M	USD	Annual
Net realized loss from silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-77.39M	USD	Annual
Net realized loss from silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$427.77M	USD	Annual
Net realized loss from silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-131.81M	USD	Annual
Net change in unrealized appreciation/depreciation on investment in silver bullion	`UnrealizedGainLossOnInvestments`	$-1.12B	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-1.95B	USD	Annual
Net income (loss)	`NetIncomeLoss`	$390.14M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-1.23B	USD	Annual
Adjustment of redeemable capital Shares to redemption value	`TemporaryEquityIssuePeriodIncreaseOrDecrease`	$253.69M	USD	Annual
Adjustment of redeemable capital Shares to redemption value	`TemporaryEquityIssuePeriodIncreaseOrDecrease`	$-454.64M	USD	Annual
Adjustment of redeemable capital Shares to redemption value	`TemporaryEquityIssuePeriodIncreaseOrDecrease`	$3.53B	USD	Annual
Shareholders equity (deficit) end of period	`ShareholdersEquityDeficit`	$-1.58B	USD	Point-in-time

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