10-Q Filing

ISHARES SILVER TRUST CIK: 1330568 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001437749-15-015180`
Period End Date	20150630
Filing Date	20150807
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	slv-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 35 Income Statement 48 Cash Flow Statement 41 Stockholders Equity 40

Balance Sheet 35 line items

Line Item	Tag	Value	Unit	Period
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.31B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.22B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.24B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.21B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.39B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.42B	USD	Point-in-time
Investment in silver bullion(b)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$5.11B	USD	Point-in-time
Investment in silver bullion(b)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$6.24B	USD	Point-in-time
Investment in silver bullion(b)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$6.56B	USD	Point-in-time
Shares, par value	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Shares, par value	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Investment in silver bullion(b)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$6.74B	USD	Point-in-time
Investment in silver bullion(b)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$5.26B	USD	Point-in-time
Investment in silver bullion(b)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$5.34B	USD	Point-in-time
Shares issued	`TemporaryEquitySharesIssued`	340.45M	shares	Point-in-time
Shares issued	`TemporaryEquitySharesIssued`	344.00M	shares	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$5.11B	USD	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$5.26B	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$2.15M	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$2.34M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$2.15M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$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
Net Assets	`FairValueNetAssetLiability`	$5.26B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$5.11B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$6.24B	USD	Point-in-time
Shares issued and outstanding(c) (in Shares)	`TemporaryEquitySharesOutstanding`	340.45M	shares	Point-in-time
Shares issued and outstanding(c) (in Shares)	`TemporaryEquitySharesOutstanding`	344.00M	shares	Point-in-time
Net asset value per Share (Note 2D) (in Dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$19.20	USD	Point-in-time
Net asset value per Share (Note 2D) (in Dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$20.04	USD	Point-in-time
Net asset value per Share (Note 2D) (in Dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$18.77	USD	Point-in-time
Net asset value per Share (Note 2D) (in Dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$15.00	USD	Point-in-time
Net asset value per Share (Note 2D) (in Dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$15.29	USD	Point-in-time
Net asset value per Share (Note 2D) (in Dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$15.88	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Sponsors fees	`SponsorsFees`	$16.24M	USD	2 Qtrs
Sponsors fees	`SponsorsFees`	$8.07M	USD	1 Quarter
Sponsors fees	`SponsorsFees`	$6.62M	USD	1 Quarter
Sponsors fees	`SponsorsFees`	$13.28M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$8.07M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$13.28M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$6.62M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$16.24M	USD	2 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-13.28M	USD	2 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-16.24M	USD	2 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-6.62M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-31.58M	USD	Annual
Net investment loss	`OperatingIncomeLoss`	$-8.07M	USD	1 Quarter
Investment in silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.14M	USD	1 Quarter
Investment in silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-2.31M	USD	2 Qtrs
Investment in silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-147.00K	USD	1 Quarter
Investment in silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$108.00K	USD	2 Qtrs
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverBullionDistributedForTheRedemptionOfShares`	$5.55M	USD	1 Quarter
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverBullionDistributedForTheRedemptionOfShares`	$15.30M	USD	2 Qtrs
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverBullionDistributedForTheRedemptionOfShares`	$-43.73M	USD	1 Quarter
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverBullionDistributedForTheRedemptionOfShares`	$-85.77M	USD	2 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$15.41M	USD	2 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-44.87M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$5.41M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-78.45M	USD	Annual
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-88.08M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$13.72M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-242.51M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$427.66M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-1.12B	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$291.60M	USD	1 Quarter
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$-287.38M	USD	1 Quarter
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$443.07M	USD	2 Qtrs
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$-74.36M	USD	2 Qtrs
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$297.01M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$426.83M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$288.94M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-87.63M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-294.00M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-1.23B	USD	Annual
Net increase (decrease) in net assets per Share (in Dollars per share)	`EarningsPerShareBasic`	$0.84	USD	1 Quarter
Net increase (decrease) in net assets per Share (in Dollars per share)	`EarningsPerShareBasic`	$1.25	USD	2 Qtrs
Net increase (decrease) in net assets per Share (in Dollars per share)	`EarningsPerShareBasic`	$-0.87	USD	1 Quarter
Net increase (decrease) in net assets per Share (in Dollars per share)	`EarningsPerShareBasic`	$-0.26	USD	2 Qtrs
Weighted-average Shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	338.66M	shares	2 Qtrs
Weighted-average Shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	340.25M	shares	2 Qtrs
Weighted-average Shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	338.50M	shares	1 Quarter
Weighted-average Shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	343.41M	shares	1 Quarter

Cash Flow Statement 41 line items

Line Item	Tag	Value	Unit	Period
Proceeds from sales of investment in silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$13.46M	USD	2 Qtrs
Proceeds from sales of investment in silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$16.29M	USD	2 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$13.46M	USD	2 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$16.29M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	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 increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$426.83M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$288.94M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-87.63M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-294.00M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-1.23B	USD	Annual
Proceeds from sales of investment in silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$13.46M	USD	2 Qtrs
Proceeds from sales of investment in silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$16.29M	USD	2 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$15.41M	USD	2 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-44.87M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$5.41M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-78.45M	USD	Annual
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-88.08M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$13.72M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-242.51M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$427.66M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-1.12B	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$291.60M	USD	1 Quarter
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-190.00K	USD	2 Qtrs
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-41.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	2 Qtrs
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$602.56M	USD	2 Qtrs
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$579.04M	USD	2 Qtrs
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$646.48M	USD	2 Qtrs
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$534.46M	USD	2 Qtrs

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Net Assets, Beginning of Period	`FairValueNetAssetLiability`	$5.26B	USD	Point-in-time
Net Assets, Beginning of Period	`FairValueNetAssetLiability`	$5.11B	USD	Point-in-time
Net Assets, Beginning of Period	`FairValueNetAssetLiability`	$6.24B	USD	Point-in-time
Net investment loss	`OperatingIncomeLoss`	$-13.28M	USD	2 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-16.24M	USD	2 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-6.62M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-31.58M	USD	Annual
Net investment loss	`OperatingIncomeLoss`	$-8.07M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$15.41M	USD	2 Qtrs
Net realized loss	`RealizedInvestmentGainsLosses`	$-44.87M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$5.41M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$-78.45M	USD	Annual
Net realized loss	`RealizedInvestmentGainsLosses`	$-88.08M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$13.72M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-242.51M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$427.66M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-1.12B	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$291.60M	USD	1 Quarter
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$426.83M	USD	2 Qtrs
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$288.94M	USD	1 Quarter
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-87.63M	USD	2 Qtrs
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-294.00M	USD	1 Quarter
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-1.23B	USD	Annual
Contributions for Shares issued	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$579.04M	USD	2 Qtrs
Contributions for Shares issued	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$1.36B	USD	Annual
Distributions for Shares redeemed	`ValueOfStockClassifiedAsTemporaryEquitySurrenderedDuringReportingPeriod`	$646.48M	USD	2 Qtrs
Distributions for Shares redeemed	`ValueOfStockClassifiedAsTemporaryEquitySurrenderedDuringReportingPeriod`	$1.11B	USD	Annual
Net increase (decrease) in net assets from capital share transactions	`TemporaryEquityIssuePeriodIncreaseOrDecrease`	$253.69M	USD	Annual
Net increase (decrease) in net assets from capital share transactions	`TemporaryEquityIssuePeriodIncreaseOrDecrease`	$-67.44M	USD	2 Qtrs
Decrease in net assets	`IncreaseDecreaseInNetAssets`	$-979.95M	USD	Annual
Decrease in net assets	`IncreaseDecreaseInNetAssets`	$-155.07M	USD	2 Qtrs
Net Assets, End of Period	`FairValueNetAssetLiability`	$5.26B	USD	Point-in-time
Net Assets, End of Period	`FairValueNetAssetLiability`	$5.11B	USD	Point-in-time
Net Assets, End of Period	`FairValueNetAssetLiability`	$6.24B	USD	Point-in-time
Shares issued (in Shares)	`StockIssuedDuringPeriodSharesNewIssues`	74.95M	shares	Annual
Shares issued (in Shares)	`StockIssuedDuringPeriodSharesNewIssues`	37.05M	shares	2 Qtrs
Shares redeemed (in Shares)	`SharesOfStockClassifedAsTemporaryEquitySurrenderedDuringReportingPeriod`	40.60M	shares	2 Qtrs
Shares redeemed (in Shares)	`SharesOfStockClassifedAsTemporaryEquitySurrenderedDuringReportingPeriod`	63.45M	shares	Annual
Net increase (decrease) in Shares issued and outstanding (in Shares)	`StockIssuedDuringPeriodSharesPeriodIncreaseDecrease`	11.50M	shares	Annual
Net increase (decrease) in Shares issued and outstanding (in Shares)	`StockIssuedDuringPeriodSharesPeriodIncreaseDecrease`	-3.55M	shares	2 Qtrs

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