10-Q Filing

ISHARES SILVER TRUST CIK: 1330568 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001437749-17-018514`
Period End Date	20170930
Filing Date	20171107
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	slv-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 35 Income Statement 44 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`	$5.98B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.14B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$5.97B	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`	$5.51B	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`	$5.59B	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`	$7.01B	USD	Point-in-time
Shares, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	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
Total Assets	`AssetsFairValueDisclosure`	$5.51B	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	345.80M	shares	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	359.90M	shares	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$5.54B	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$2.36M	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$2.35M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$2.36M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$2.35M	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`	$5.51B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$5.54B	USD	Point-in-time
Shares issued and outstanding(b) (in shares)	`TemporaryEquitySharesOutstanding`	345.80M	shares	Point-in-time
Shares issued and outstanding(b) (in shares)	`TemporaryEquitySharesOutstanding`	359.90M	shares	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`	$17.45	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`	$15.92	USD	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`	$15.58	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Sponsors fees	`SponsorsFees`	$21.51M	USD	3 Qtrs
Sponsors fees	`SponsorsFees`	$8.68M	USD	1 Quarter
Sponsors fees	`SponsorsFees`	$21.52M	USD	3 Qtrs
Sponsors fees	`SponsorsFees`	$7.13M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$21.52M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$8.68M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$7.13M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$21.51M	USD	3 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-8.68M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-21.52M	USD	3 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-21.51M	USD	3 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-29.15M	USD	Annual
Net investment loss	`OperatingIncomeLoss`	$-7.13M	USD	1 Quarter
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-2.23M	USD	3 Qtrs
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-596.59K	USD	1 Quarter
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.54M	USD	3 Qtrs
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$406.94K	USD	1 Quarter
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-32.22M	USD	1 Quarter
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-71.42M	USD	3 Qtrs
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-59.39M	USD	3 Qtrs
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$3.98M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-60.93M	USD	3 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-32.82M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$4.38M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-73.65M	USD	3 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-111.24M	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$1.88B	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$315.99M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$298.93M	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$823.17M	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$178.42M	USD	1 Quarter
Net realized and unrealized gain	`GainLossOnInvestments`	$238.00M	USD	3 Qtrs
Net realized and unrealized gain	`GainLossOnInvestments`	$1.81B	USD	3 Qtrs
Net realized and unrealized gain	`GainLossOnInvestments`	$145.60M	USD	1 Quarter
Net realized and unrealized gain	`GainLossOnInvestments`	$320.38M	USD	1 Quarter
Net increase in net assets resulting from operations	`NetIncomeLoss`	$138.47M	USD	1 Quarter
Net increase in net assets resulting from operations	`NetIncomeLoss`	$1.79B	USD	3 Qtrs
Net increase in net assets resulting from operations	`NetIncomeLoss`	$311.70M	USD	1 Quarter
Net increase in net assets resulting from operations	`NetIncomeLoss`	$682.78M	USD	Annual
Net increase in net assets resulting from operations	`NetIncomeLoss`	$216.48M	USD	3 Qtrs
Net increase in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$5.07	USD	3 Qtrs
Net increase in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$0.84	USD	1 Quarter
Net increase in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Net increase in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$0.61	USD	3 Qtrs

Cash Flow Statement 41 line items

Line Item	Tag	Value	Unit	Period
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$21.54M	USD	3 Qtrs
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$20.58M	USD	3 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$20.58M	USD	3 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$21.54M	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`	$138.47M	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`	$311.70M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$682.78M	USD	Annual
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$216.48M	USD	3 Qtrs
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$21.54M	USD	3 Qtrs
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$20.58M	USD	3 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-60.93M	USD	3 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-32.82M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$4.38M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-73.65M	USD	3 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-111.24M	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$1.88B	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$315.99M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$298.93M	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$823.17M	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$178.42M	USD	1 Quarter
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-13.88K	USD	3 Qtrs
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$937.44K	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`	$1.45B	USD	3 Qtrs
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$649.15M	USD	3 Qtrs
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$899.98M	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.