10-K Filing

ISHARES SILVER TRUST CIK: 1330568 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001437749-17-003238`
Period End Date	20161231
Filing Date	20170224
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	slv-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 30 Income Statement 30 Cash Flow Statement 44

Balance Sheet 30 line items

Line Item	Tag	Value	Unit	Period
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, cost	`InvestmentOwnedAtCost`	$6.31B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.24B	USD	Point-in-time
Investment in silver bullion, at fair value(a)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$5.26B	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`	$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`	$5.54B	USD	Point-in-time
Investment in silver bullion, at fair value(a)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$6.24B	USD	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$4.39B	USD	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$5.54B	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	359.90M	shares	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	333.55M	shares	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$2.36M	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$1.92M	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`	$6.24B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$5.54B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$5.26B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$4.39B	USD	Point-in-time
Shares issued and outstanding(b) (in shares)	`TemporaryEquitySharesOutstanding`	359.90M	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`	$15.40	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`	$15.29	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$18.77	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Sponsors fees	`SponsorsFees`	$29.15M	USD	Annual
Sponsors fees	`SponsorsFees`	$25.29M	USD	Annual
Sponsors fees	`SponsorsFees`	$31.58M	USD	Annual
Total expenses	`OperatingExpenses`	$29.15M	USD	Annual
Total expenses	`OperatingExpenses`	$31.58M	USD	Annual
Total expenses	`OperatingExpenses`	$25.29M	USD	Annual
Net investment loss	`OperatingIncomeLoss`	$-31.58M	USD	Annual
Net investment loss	`OperatingIncomeLoss`	$-29.15M	USD	Annual
Net investment loss	`OperatingIncomeLoss`	$-25.29M	USD	Annual
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-2.51M	USD	Annual
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-5.70M	USD	Annual
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.06M	USD	Annual
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-108.73M	USD	Annual
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-206.45M	USD	Annual
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-77.39M	USD	Annual
Net realized loss	`RealizedInvestmentGainsLosses`	$-111.24M	USD	Annual
Net realized loss	`RealizedInvestmentGainsLosses`	$-212.16M	USD	Annual
Net realized loss	`RealizedInvestmentGainsLosses`	$-78.45M	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-1.12B	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-461.78M	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$823.17M	USD	Annual
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$-673.94M	USD	Annual
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$-1.20B	USD	Annual
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$711.93M	USD	Annual
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-699.23M	USD	Annual
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-1.23B	USD	Annual
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$682.78M	USD	Annual
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$-3.57	USD	Annual
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$1.91	USD	Annual
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$-2.07	USD	Annual

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$28.70M	USD	Annual
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$25.72M	USD	Annual
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$31.96M	USD	Annual
Expenses Sponsors fees paid	`PaymentsForFees`	$25.72M	USD	Annual
Expenses Sponsors fees paid	`PaymentsForFees`	$31.96M	USD	Annual
Expenses Sponsors fees paid	`PaymentsForFees`	$28.70M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	Annual
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	Annual
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	Annual
Cash, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, end of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, end of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, end of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, end of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-699.23M	USD	Annual
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-1.23B	USD	Annual
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$682.78M	USD	Annual
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$28.70M	USD	Annual
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$25.72M	USD	Annual
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$31.96M	USD	Annual
Net realized loss	`RealizedInvestmentGainsLosses`	$-111.24M	USD	Annual
Net realized loss	`RealizedInvestmentGainsLosses`	$-212.16M	USD	Annual
Net realized loss	`RealizedInvestmentGainsLosses`	$-78.45M	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-1.12B	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-461.78M	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$823.17M	USD	Annual
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$447.89K	USD	Annual
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-420.95K	USD	Annual
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-381.99K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$1.70B	USD	Annual
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$1.36B	USD	Annual
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$859.47M	USD	Annual
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$1.24B	USD	Annual
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$1.11B	USD	Annual
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$1.03B	USD	Annual

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