10-Q Filing

ISHARES SILVER TRUST CIK: 1330568 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001437749-16-041251`
Period End Date	20160930
Filing Date	20161107
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	slv-20160930.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`	$6.71B	USD	Point-in-time
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`	$6.06B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.39B	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`	$7.01B	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`	$5.26B	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`	$4.67B	USD	Point-in-time
Shares, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	381.55M	shares	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$7.01B	USD	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$4.39B	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	333.55M	shares	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$2.85M	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$1.92M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$2.85M	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`	$7.01B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$5.26B	USD	Point-in-time
Shares issued and outstanding(b) (in shares)	`TemporaryEquitySharesOutstanding`	381.55M	shares	Point-in-time
Shares issued and outstanding(b) (in shares)	`TemporaryEquitySharesOutstanding`	333.55M	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`	$13.98	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`	$18.37	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`	$17.45	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Sponsors fees	`SponsorsFees`	$8.68M	USD	1 Quarter
Sponsors fees	`SponsorsFees`	$21.51M	USD	3 Qtrs
Sponsors fees	`SponsorsFees`	$6.11M	USD	1 Quarter
Sponsors fees	`SponsorsFees`	$19.39M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$6.11M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$21.51M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$8.68M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$19.39M	USD	3 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-21.51M	USD	3 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-8.68M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-25.30M	USD	Annual
Net investment loss	`OperatingIncomeLoss`	$-6.11M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-19.39M	USD	3 Qtrs
Silver bullion sold to pay expenses, realized gain (loss)	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$407.00K	USD	1 Quarter
Silver bullion sold to pay expenses, realized gain (loss)	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-2.23M	USD	3 Qtrs
Silver bullion sold to pay expenses, realized gain (loss)	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.71M	USD	1 Quarter
Silver bullion sold to pay expenses, realized gain (loss)	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-4.03M	USD	3 Qtrs
Silver bullion distributed, realized gain (loss)	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-137.62M	USD	3 Qtrs
Silver bullion distributed, realized gain (loss)	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-71.42M	USD	3 Qtrs
Silver bullion distributed, realized gain (loss)	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-51.85M	USD	1 Quarter
Silver bullion distributed, realized gain (loss)	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$3.98M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-73.65M	USD	3 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-212.16M	USD	Annual
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-141.64M	USD	3 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$4.38M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-53.56M	USD	1 Quarter
Net change in unrealized appreciation/depreciation, fair value	`UnrealizedGainLossOnInvestments`	$1.88B	USD	3 Qtrs
Net change in unrealized appreciation/depreciation, fair value	`UnrealizedGainLossOnInvestments`	$-274.58M	USD	3 Qtrs
Net change in unrealized appreciation/depreciation, fair value	`UnrealizedGainLossOnInvestments`	$-461.78M	USD	Annual
Net change in unrealized appreciation/depreciation, fair value	`UnrealizedGainLossOnInvestments`	$-288.30M	USD	1 Quarter
Net change in unrealized appreciation/depreciation, fair value	`UnrealizedGainLossOnInvestments`	$315.99M	USD	1 Quarter
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$1.81B	USD	3 Qtrs
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$-416.22M	USD	3 Qtrs
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$320.38M	USD	1 Quarter
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$-341.86M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$1.79B	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-347.97M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$311.70M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-435.61M	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-699.23M	USD	Annual
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$-1.02	USD	1 Quarter
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`	$5.07	USD	3 Qtrs
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$-1.28	USD	3 Qtrs
Weighted-average Shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	372.94M	shares	1 Quarter
Weighted-average Shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	353.07M	shares	3 Qtrs
Weighted-average Shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	339.87M	shares	1 Quarter
Weighted-average Shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	339.07M	shares	3 Qtrs

Cash Flow Statement 41 line items

Line Item	Tag	Value	Unit	Period
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$20.58M	USD	3 Qtrs
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$19.78M	USD	3 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$20.58M	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 increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$1.79B	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-347.97M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$311.70M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-435.61M	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-699.23M	USD	Annual
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$20.58M	USD	3 Qtrs
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$19.78M	USD	3 Qtrs
Net realized loss	`RealizedInvestmentGainsLosses`	$-73.65M	USD	3 Qtrs
Net realized loss	`RealizedInvestmentGainsLosses`	$-212.16M	USD	Annual
Net realized loss	`RealizedInvestmentGainsLosses`	$-141.64M	USD	3 Qtrs
Net realized loss	`RealizedInvestmentGainsLosses`	$4.38M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$-53.56M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$1.88B	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-274.58M	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-461.78M	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-288.30M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$315.99M	USD	1 Quarter
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$937.00K	USD	3 Qtrs
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-389.00K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	3 Qtrs
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$1.45B	USD	3 Qtrs
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$664.97M	USD	3 Qtrs
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$-825.65M	USD	3 Qtrs
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$-619.58M	USD	3 Qtrs

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