10-Q Filing

ISHARES SILVER TRUST CIK: 1330568 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001437749-16-031077`
Period End Date	20160331
Filing Date	20160506
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	slv-20160331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 29 Income Statement 26 Cash Flow Statement 35

Balance Sheet 29 line items

Line Item	Tag	Value	Unit	Period
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`	$6.16B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$5.98B	USD	Point-in-time
Investment in silver bullion, at fair value(a)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$4.39B	USD	Point-in-time
Shares, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Investment in silver bullion, at fair value(a)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$5.34B	USD	Point-in-time
Shares, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Investment in silver bullion, at fair value(a)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$5.26B	USD	Point-in-time
Investment in silver bullion, at fair value(a)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$5.12B	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	349.35M	shares	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	333.55M	shares	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$4.39B	USD	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$5.12B	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$1.92M	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$2.12M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$2.12M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$1.92M	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`	$4.39B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$5.26B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$5.11B	USD	Point-in-time
Shares issued and outstanding(b) (in shares)	`TemporaryEquitySharesOutstanding`	333.55M	shares	Point-in-time
Shares issued and outstanding(b) (in shares)	`TemporaryEquitySharesOutstanding`	349.35M	shares	Point-in-time
Net asset value per Share (Note 2D) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$15.88	USD	Point-in-time
Net asset value per Share (Note 2D) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$13.17	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`	$14.64	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Sponsors fees	`SponsorsFees`	$5.84M	USD	1 Quarter
Sponsors fees	`SponsorsFees`	$6.66M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$5.84M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$6.66M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-6.66M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-5.84M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-25.30M	USD	Annual
Silver bullion sold to pay expenses, realized gain (loss)	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.17M	USD	1 Quarter
Silver bullion sold to pay expenses, realized gain (loss)	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.70M	USD	1 Quarter
Silver bullion distributed, realized gain (loss)	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-42.04M	USD	1 Quarter
Silver bullion distributed, realized gain (loss)	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-51.40M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$-43.21M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$-212.16M	USD	Annual
Net realized loss	`RealizedInvestmentGainsLosses`	$-53.10M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-461.78M	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$256.23M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$540.72M	USD	1 Quarter
Net realized and unrealized gain	`GainLossOnInvestments`	$213.02M	USD	1 Quarter
Net realized and unrealized gain	`GainLossOnInvestments`	$487.62M	USD	1 Quarter
Net increase in net assets resulting from operations	`NetIncomeLoss`	$-699.23M	USD	Annual
Net increase in net assets resulting from operations	`NetIncomeLoss`	$206.37M	USD	1 Quarter
Net increase in net assets resulting from operations	`NetIncomeLoss`	$481.77M	USD	1 Quarter
Net increase in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$0.61	USD	1 Quarter
Net increase in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$1.45	USD	1 Quarter
Weighted-average Shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	333.04M	shares	1 Quarter
Weighted-average Shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	338.82M	shares	1 Quarter

Cash Flow Statement 35 line items

Line Item	Tag	Value	Unit	Period
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$5.64M	USD	1 Quarter
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$6.75M	USD	1 Quarter
Expenses Sponsors fees paid	`PaymentsForFees`	$6.75M	USD	1 Quarter
Expenses Sponsors fees paid	`PaymentsForFees`	$5.64M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	1 Quarter
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	1 Quarter
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 in net assets resulting from operations	`NetIncomeLoss`	$-699.23M	USD	Annual
Net increase in net assets resulting from operations	`NetIncomeLoss`	$206.37M	USD	1 Quarter
Net increase in net assets resulting from operations	`NetIncomeLoss`	$481.77M	USD	1 Quarter
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$5.64M	USD	1 Quarter
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$6.75M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$-43.21M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$-212.16M	USD	Annual
Net realized loss	`RealizedInvestmentGainsLosses`	$-53.10M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-461.78M	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$256.23M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$540.72M	USD	1 Quarter
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-91.00K	USD	1 Quarter
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$206.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$412.20M	USD	1 Quarter
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$180.52M	USD	1 Quarter
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$-305.14M	USD	1 Quarter
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$-172.99M	USD	1 Quarter

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