10-Q Filing

ISHARES SILVER TRUST CIK: 1330568 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001437749-18-019631`
Period End Date	20180930
Filing Date	20181106
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	slv-20180930.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`	$6.31B	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`	$5.97B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$5.83B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$5.94B	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`	$5.59B	USD	Point-in-time
Investment in silver bullion, at fair value(a)	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$4.76B	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
Shares, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	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`	$5.41B	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	354.25M	shares	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$4.76B	USD	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$5.41B	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	339.75M	shares	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$2.23M	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$1.96M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$2.23M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$1.96M	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`	$4.76B	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`	354.25M	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`	$13.44	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`	$15.58	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`	$15.08	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Sponsors fees	`SponsorsFees`	$7.13M	USD	1 Quarter
Sponsors fees	`SponsorsFees`	$6.24M	USD	1 Quarter
Sponsors fees	`SponsorsFees`	$21.52M	USD	3 Qtrs
Sponsors fees	`SponsorsFees`	$19.37M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$7.13M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$19.37M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$21.52M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$6.24M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-7.13M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-6.24M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-28.30M	USD	Annual
Net investment loss	`OperatingIncomeLoss`	$-21.52M	USD	3 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-19.37M	USD	3 Qtrs
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-596.59K	USD	1 Quarter
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-2.35M	USD	3 Qtrs
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.54M	USD	3 Qtrs
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.16M	USD	1 Quarter
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-65.81M	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`	$-24.51M	USD	1 Quarter
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-32.22M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$-32.82M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$-60.93M	USD	3 Qtrs
Net realized loss	`RealizedInvestmentGainsLosses`	$-92.12M	USD	Annual
Net realized loss	`RealizedInvestmentGainsLosses`	$-25.67M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$-68.16M	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$178.42M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-538.37M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$337.89M	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$298.93M	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-750.92M	USD	3 Qtrs
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$-564.04M	USD	1 Quarter
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$-819.08M	USD	3 Qtrs
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$238.00M	USD	3 Qtrs
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$145.60M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-570.27M	USD	1 Quarter
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`	$-838.45M	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$217.47M	USD	Annual
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$216.48M	USD	3 Qtrs
Net increase (decrease) in net assets per Share(a) (in dollars per share)	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Net increase (decrease) in net assets per Share(a) (in dollars per share)	`EarningsPerShareBasic`	$0.61	USD	3 Qtrs
Net increase (decrease) in net assets per Share(a) (in dollars per share)	`EarningsPerShareBasic`	$-1.63	USD	1 Quarter
Net increase (decrease) in net assets per Share(a) (in dollars per share)	`EarningsPerShareBasic`	$-2.45	USD	3 Qtrs

Cash Flow Statement 41 line items

Line Item	Tag	Value	Unit	Period
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$19.64M	USD	3 Qtrs
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$21.54M	USD	3 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$19.64M	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`	$-570.27M	USD	1 Quarter
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`	$-838.45M	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$217.47M	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`	$19.64M	USD	3 Qtrs
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$21.54M	USD	3 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-32.82M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-60.93M	USD	3 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-92.12M	USD	Annual
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-25.67M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-68.16M	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$178.42M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-538.37M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$337.89M	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$298.93M	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-750.92M	USD	3 Qtrs
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-13.88K	USD	3 Qtrs
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-265.18K	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`	$880.25M	USD	3 Qtrs
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$649.15M	USD	3 Qtrs
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$684.72M	USD	3 Qtrs
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$899.98M	USD	3 Qtrs

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