10-Q Filing

ISHARES SILVER TRUST CIK: 1330568 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001437749-18-014548`
Period End Date	20180630
Filing Date	20180806
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	slv-20180630.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`	$5.79B	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, cost	`InvestmentOwnedAtCost`	$5.81B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$5.83B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.10B	USD	Point-in-time
Investment in silver bullion, at fair value(a)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$5.19B	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`	$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`	$5.41B	USD	Point-in-time
Investment in silver bullion, at fair value(a)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$5.17B	USD	Point-in-time
Investment in silver bullion, at fair value(a)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$5.97B	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	339.75M	shares	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	342.55M	shares	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$5.17B	USD	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$5.41B	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$2.17M	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$2.23M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$2.17M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$2.23M	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`	$5.17B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$5.54B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$5.41B	USD	Point-in-time
Shares issued and outstanding(b) (in shares)	`TemporaryEquitySharesOutstanding`	339.75M	shares	Point-in-time
Shares issued and outstanding(b) (in shares)	`TemporaryEquitySharesOutstanding`	342.55M	shares	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$17.10	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`	$15.34	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$15.91	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$15.58	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$15.08	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Sponsors fees	`SponsorsFees`	$7.23M	USD	1 Quarter
Sponsors fees	`SponsorsFees`	$14.39M	USD	2 Qtrs
Sponsors fees	`SponsorsFees`	$13.14M	USD	2 Qtrs
Sponsors fees	`SponsorsFees`	$6.59M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$7.23M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$13.14M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$14.39M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$6.59M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-14.39M	USD	2 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-7.23M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-13.14M	USD	2 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-6.59M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-28.30M	USD	Annual
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-688.24K	USD	1 Quarter
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-431.11K	USD	1 Quarter
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-941.19K	USD	2 Qtrs
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.19M	USD	2 Qtrs
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-11.64M	USD	1 Quarter
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-41.30M	USD	2 Qtrs
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-27.52M	USD	1 Quarter
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-27.17M	USD	2 Qtrs
Net realized loss	`RealizedInvestmentGainsLosses`	$-28.11M	USD	2 Qtrs
Net realized loss	`RealizedInvestmentGainsLosses`	$-12.07M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$-92.12M	USD	Annual
Net realized loss	`RealizedInvestmentGainsLosses`	$-42.49M	USD	2 Qtrs
Net realized loss	`RealizedInvestmentGainsLosses`	$-28.21M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$120.52M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-212.55M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-510.28M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-43.96M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$337.89M	USD	Annual
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$-72.16M	USD	1 Quarter
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$92.41M	USD	2 Qtrs
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$-522.35M	USD	1 Quarter
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$-255.05M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-78.76M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$217.47M	USD	Annual
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-268.18M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-529.57M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$78.01M	USD	2 Qtrs
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$-1.49	USD	1 Quarter
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$-0.79	USD	2 Qtrs
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$0.22	USD	2 Qtrs
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$-0.23	USD	1 Quarter

Cash Flow Statement 41 line items

Line Item	Tag	Value	Unit	Period
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$14.39M	USD	2 Qtrs
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$13.19M	USD	2 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$14.39M	USD	2 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$13.19M	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`	$-78.76M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$217.47M	USD	Annual
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-268.18M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-529.57M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$78.01M	USD	2 Qtrs
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$14.39M	USD	2 Qtrs
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$13.19M	USD	2 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-28.11M	USD	2 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-12.07M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-92.12M	USD	Annual
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-42.49M	USD	2 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-28.21M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$120.52M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-212.55M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-510.28M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-43.96M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$337.89M	USD	Annual
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-53.60K	USD	2 Qtrs
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$2.75K	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`	$468.48M	USD	2 Qtrs
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$587.71M	USD	2 Qtrs
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$496.69M	USD	2 Qtrs
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$557.77M	USD	2 Qtrs

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