10-Q Filing

ISHARES SILVER TRUST CIK: 1330568 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001437749-15-020005`
Period End Date	20150930
Filing Date	20151106
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	slv-20150930.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`	$6.24B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.39B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.22B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.31B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.06B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.82B	USD	Point-in-time
Investment in silver bullion(b)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$4.67B	USD	Point-in-time
Investment in silver bullion(b)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$6.74B	USD	Point-in-time
Shares, par value	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Investment in silver bullion(b)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$6.24B	USD	Point-in-time
Shares, par value	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Investment in silver bullion(b)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$5.99B	USD	Point-in-time
Investment in silver bullion(b)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$5.26B	USD	Point-in-time
Investment in silver bullion(b)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$5.11B	USD	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$5.26B	USD	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$4.67B	USD	Point-in-time
Shares issued	`TemporaryEquitySharesIssued`	344.00M	shares	Point-in-time
Shares issued	`TemporaryEquitySharesIssued`	333.75M	shares	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$2.34M	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$1.95M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$1.95M	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`	$6.24B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$4.66B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$5.26B	USD	Point-in-time
Shares issued and outstanding(c) (in Shares)	`TemporaryEquitySharesOutstanding`	333.75M	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`	$20.04	USD	Point-in-time
Net asset value per Share (Note 2D) (in Dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$13.98	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`	$18.77	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`	$16.41	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Sponsors fees	`SponsorsFees`	$19.39M	USD	3 Qtrs
Sponsors fees	`SponsorsFees`	$8.20M	USD	1 Quarter
Sponsors fees	`SponsorsFees`	$24.44M	USD	3 Qtrs
Sponsors fees	`SponsorsFees`	$6.11M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$24.44M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$8.20M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$19.39M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$6.11M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-19.39M	USD	3 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-24.44M	USD	3 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-31.58M	USD	Annual
Net investment loss	`OperatingIncomeLoss`	$-8.20M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-6.11M	USD	1 Quarter
Investment in silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-4.03M	USD	3 Qtrs
Investment in silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$256.00K	USD	1 Quarter
Investment in silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.71M	USD	1 Quarter
Investment in silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$364.00K	USD	3 Qtrs
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverBullionDistributedForTheRedemptionOfShares`	$-137.62M	USD	3 Qtrs
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverBullionDistributedForTheRedemptionOfShares`	$1.65M	USD	1 Quarter
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverBullionDistributedForTheRedemptionOfShares`	$-51.85M	USD	1 Quarter
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverBullionDistributedForTheRedemptionOfShares`	$16.95M	USD	3 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-141.64M	USD	3 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-53.56M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$1.91M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$17.32M	USD	3 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-78.45M	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-288.30M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-833.67M	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-1.26B	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-274.58M	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-1.12B	USD	Annual
Net realized and unrealized loss	`GainLossOnInvestments`	$-416.22M	USD	3 Qtrs
Net realized and unrealized loss	`GainLossOnInvestments`	$-816.35M	USD	3 Qtrs
Net realized and unrealized loss	`GainLossOnInvestments`	$-1.26B	USD	1 Quarter
Net realized and unrealized loss	`GainLossOnInvestments`	$-341.86M	USD	1 Quarter
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-1.23B	USD	Annual
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-347.97M	USD	1 Quarter
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-435.61M	USD	3 Qtrs
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-840.79M	USD	3 Qtrs
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-1.27B	USD	1 Quarter
Net decrease in net assets per Share (in Dollars per share)	`EarningsPerShareBasic`	$-1.02	USD	1 Quarter
Net decrease in net assets per Share (in Dollars per share)	`EarningsPerShareBasic`	$-3.69	USD	1 Quarter
Net decrease in net assets per Share (in Dollars per share)	`EarningsPerShareBasic`	$-1.28	USD	3 Qtrs
Net decrease in net assets per Share (in Dollars per share)	`EarningsPerShareBasic`	$-2.46	USD	3 Qtrs
Weighted-average Shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	343.78M	shares	1 Quarter
Weighted-average Shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	341.48M	shares	3 Qtrs
Weighted-average Shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	339.07M	shares	3 Qtrs
Weighted-average Shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	339.87M	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`	$24.58M	USD	3 Qtrs
Proceeds from sales of investment in silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$19.78M	USD	3 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$24.58M	USD	3 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$19.78M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	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 decrease in net assets resulting from operations	`NetIncomeLoss`	$-1.23B	USD	Annual
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-347.97M	USD	1 Quarter
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-435.61M	USD	3 Qtrs
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-840.79M	USD	3 Qtrs
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-1.27B	USD	1 Quarter
Proceeds from sales of investment in silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$24.58M	USD	3 Qtrs
Proceeds from sales of investment in silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$19.78M	USD	3 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-141.64M	USD	3 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-53.56M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$1.91M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$17.32M	USD	3 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-78.45M	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-288.30M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-833.67M	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-1.26B	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-274.58M	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-1.12B	USD	Annual
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-389.00K	USD	3 Qtrs
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-139.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	3 Qtrs
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$664.97M	USD	3 Qtrs
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$1.18B	USD	3 Qtrs
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$597.07M	USD	3 Qtrs
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$825.65M	USD	3 Qtrs

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Net Assets, Beginning of Period	`FairValueNetAssetLiability`	$6.24B	USD	Point-in-time
Net Assets, Beginning of Period	`FairValueNetAssetLiability`	$4.66B	USD	Point-in-time
Net Assets, Beginning of Period	`FairValueNetAssetLiability`	$5.26B	USD	Point-in-time
Net investment loss	`OperatingIncomeLoss`	$-19.39M	USD	3 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-24.44M	USD	3 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-31.58M	USD	Annual
Net investment loss	`OperatingIncomeLoss`	$-8.20M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-6.11M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$-141.64M	USD	3 Qtrs
Net realized loss	`RealizedInvestmentGainsLosses`	$-53.56M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$1.91M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$17.32M	USD	3 Qtrs
Net realized loss	`RealizedInvestmentGainsLosses`	$-78.45M	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-288.30M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-833.67M	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-1.26B	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-274.58M	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-1.12B	USD	Annual
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-1.23B	USD	Annual
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-347.97M	USD	1 Quarter
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-435.61M	USD	3 Qtrs
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-840.79M	USD	3 Qtrs
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-1.27B	USD	1 Quarter
Contributions for Shares issued	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$1.36B	USD	Annual
Contributions for Shares issued	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$664.97M	USD	3 Qtrs
Distributions for Shares redeemed	`ValueOfStockClassifiedAsTemporaryEquitySurrenderedDuringReportingPeriod`	$825.65M	USD	3 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`	$-160.69M	USD	3 Qtrs
Decrease in net assets	`IncreaseDecreaseInNetAssets`	$-596.29M	USD	3 Qtrs
Decrease in net assets	`IncreaseDecreaseInNetAssets`	$-979.95M	USD	Annual
Net Assets, End of Period	`FairValueNetAssetLiability`	$6.24B	USD	Point-in-time
Net Assets, End of Period	`FairValueNetAssetLiability`	$4.66B	USD	Point-in-time
Net Assets, End of Period	`FairValueNetAssetLiability`	$5.26B	USD	Point-in-time
Shares issued (in Shares)	`StockIssuedDuringPeriodSharesNewIssues`	74.95M	shares	Annual
Shares issued (in Shares)	`StockIssuedDuringPeriodSharesNewIssues`	43.05M	shares	3 Qtrs
Shares redeemed (in Shares)	`SharesOfStockClassifedAsTemporaryEquitySurrenderedDuringReportingPeriod`	53.30M	shares	3 Qtrs
Shares redeemed (in Shares)	`SharesOfStockClassifedAsTemporaryEquitySurrenderedDuringReportingPeriod`	63.45M	shares	Annual
Net increase (decrease) in Shares issued and outstanding (in Shares)	`StockIssuedDuringPeriodSharesPeriodIncreaseDecrease`	-10.25M	shares	3 Qtrs
Net increase (decrease) in Shares issued and outstanding (in Shares)	`StockIssuedDuringPeriodSharesPeriodIncreaseDecrease`	11.50M	shares	Annual

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