10-Q Filing

ISHARES SILVER TRUST CIK: 1330568 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001437749-16-036720`
Period End Date	20160630
Filing Date	20160808
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	slv-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 35 Income Statement 48 Cash Flow Statement 41

Balance Sheet 35 line items

Line Item	Tag	Value	Unit	Period
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.22B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.14B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.21B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$5.98B	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
Shares, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Investment in silver bullion, at fair value(a)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$6.12B	USD	Point-in-time
Investment in silver bullion, at fair value(a)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$5.12B	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`	$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`	$5.11B	USD	Point-in-time
Investment in silver bullion, at fair value(a)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$5.34B	USD	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$6.12B	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	333.55M	shares	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$4.39B	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	350.80M	shares	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$1.92M	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$2.36M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$1.92M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$2.36M	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`	$6.12B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$4.39B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$5.26B	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`	350.80M	shares	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$15.29	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$14.64	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$13.17	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$15.00	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$15.88	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$17.45	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Sponsors fees	`SponsorsFees`	$6.62M	USD	1 Quarter
Sponsors fees	`SponsorsFees`	$13.28M	USD	2 Qtrs
Sponsors fees	`SponsorsFees`	$6.99M	USD	1 Quarter
Sponsors fees	`SponsorsFees`	$12.83M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$13.28M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$6.99M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$12.83M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$6.62M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-6.99M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-25.30M	USD	Annual
Net investment loss	`OperatingIncomeLoss`	$-13.28M	USD	2 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-6.62M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-12.83M	USD	2 Qtrs
Silver bullion sold to pay expenses, realized gain (loss)	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-2.31M	USD	2 Qtrs
Silver bullion sold to pay expenses, realized gain (loss)	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-932.00K	USD	1 Quarter
Silver bullion sold to pay expenses, realized gain (loss)	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.14M	USD	1 Quarter
Silver bullion sold to pay expenses, realized gain (loss)	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-2.63M	USD	2 Qtrs
Silver bullion distributed, realized gain (loss)	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-24.00M	USD	1 Quarter
Silver bullion distributed, realized gain (loss)	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-75.40M	USD	2 Qtrs
Silver bullion distributed, realized gain (loss)	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-85.77M	USD	2 Qtrs
Silver bullion distributed, realized gain (loss)	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-43.73M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$-24.93M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$-212.16M	USD	Annual
Net realized loss	`RealizedInvestmentGainsLosses`	$-44.87M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$-78.03M	USD	2 Qtrs
Net realized loss	`RealizedInvestmentGainsLosses`	$-88.08M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-242.51M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$1.57B	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$13.72M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$1.03B	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-461.78M	USD	Annual
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$1.00B	USD	1 Quarter
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$-74.36M	USD	2 Qtrs
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$-287.38M	USD	1 Quarter
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$1.49B	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$1.48B	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$995.84M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-699.23M	USD	Annual
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 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
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$4.31	USD	2 Qtrs
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$2.82	USD	1 Quarter
Weighted-average Shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	353.03M	shares	1 Quarter
Weighted-average Shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	343.03M	shares	2 Qtrs
Weighted-average Shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	338.50M	shares	1 Quarter
Weighted-average Shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	338.66M	shares	2 Qtrs

Cash Flow Statement 41 line items

Line Item	Tag	Value	Unit	Period
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$12.39M	USD	2 Qtrs
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$13.46M	USD	2 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$13.46M	USD	2 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$12.39M	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`	$1.48B	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$995.84M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-699.23M	USD	Annual
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
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$12.39M	USD	2 Qtrs
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$13.46M	USD	2 Qtrs
Net realized loss	`RealizedInvestmentGainsLosses`	$-24.93M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$-212.16M	USD	Annual
Net realized loss	`RealizedInvestmentGainsLosses`	$-44.87M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$-78.03M	USD	2 Qtrs
Net realized loss	`RealizedInvestmentGainsLosses`	$-88.08M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-242.51M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$1.57B	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$13.72M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$1.03B	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-461.78M	USD	Annual
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$444.00K	USD	2 Qtrs
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-190.00K	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`	$579.04M	USD	2 Qtrs
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$762.07M	USD	2 Qtrs
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$-646.48M	USD	2 Qtrs
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$-510.11M	USD	2 Qtrs

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