10-Q Filing

ISHARES SILVER TRUST CIK: 1330568 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001437749-19-021713`
Period End Date	20190930
Filing Date	20191106
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	slv20190930_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 40 Income Statement 56 Cash Flow Statement 50

Balance Sheet 40 line items

Line Item	Tag	Value	Unit	Period
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$5.94B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$5.67B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$5.83B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$5.81B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$5.64B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.66B	USD	Point-in-time
Investment in silver bullion, at fair value	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$6.62B	USD	Point-in-time
Shares, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Investment in silver bullion, at fair value	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$4.91B	USD	Point-in-time
Investment in silver bullion, at fair value	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$5.17B	USD	Point-in-time
Investment in silver bullion, at fair value	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$5.41B	USD	Point-in-time
Investment in silver bullion, at fair value	`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	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$4.92B	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	410.10M	shares	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$6.62B	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	337.85M	shares	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$4.91B	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$1.98M	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$2.84M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$2.84M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$1.98M	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`	$4.92B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$4.67B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$5.17B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$5.19B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$5.41B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$4.90B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$6.62B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$4.76B	USD	Point-in-time
Shares issued and outstanding (in shares)	`TemporaryEquitySharesOutstanding`	337.85M	shares	Point-in-time
Shares issued and outstanding (in shares)	`TemporaryEquitySharesOutstanding`	410.10M	shares	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$14.25	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`	$15.91	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$15.08	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$16.14	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$14.52	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Sponsor's fees	`SponsorsFees`	$7.82M	USD	1 Quarter
Sponsor's fees	`SponsorsFees`	$19.37M	USD	3 Qtrs
Sponsor's fees	`SponsorsFees`	$6.24M	USD	1 Quarter
Sponsor's fees	`SponsorsFees`	$19.59M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$19.37M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$7.82M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$19.59M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$6.24M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-5.82M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-19.59M	USD	3 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-19.37M	USD	3 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-6.59M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-6.54M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-5.95M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-6.24M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-7.82M	USD	1 Quarter
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-311.27K	USD	1 Quarter
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-2.19M	USD	3 Qtrs
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.16M	USD	1 Quarter
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-2.35M	USD	3 Qtrs
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-48.79M	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`	$9.84M	USD	1 Quarter
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-65.81M	USD	3 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-43.05M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-68.16M	USD	3 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-50.98M	USD	3 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$9.53M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-28.21M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-14.29M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-17.46M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-25.67M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-168.60M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-43.96M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$710.09M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-538.37M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-69.20M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-750.92M	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$698.76M	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$57.87M	USD	1 Quarter
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$-819.08M	USD	3 Qtrs
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$647.78M	USD	3 Qtrs
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$719.62M	USD	1 Quarter
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$-564.04M	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`	$34.58M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-189.43M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-118.20M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$711.81M	USD	1 Quarter
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`	$-570.27M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$628.18M	USD	3 Qtrs
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$-2.45	USD	3 Qtrs
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$1.82	USD	1 Quarter
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$-1.63	USD	1 Quarter
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$1.78	USD	3 Qtrs

Cash Flow Statement 50 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`	$18.73M	USD	3 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$18.73M	USD	3 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$19.64M	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
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`	$-838.45M	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$34.58M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-189.43M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-118.20M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$711.81M	USD	1 Quarter
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`	$-570.27M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$628.18M	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`	$18.73M	USD	3 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-43.05M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-68.16M	USD	3 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-50.98M	USD	3 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$9.53M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-28.21M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-14.29M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-17.46M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-25.67M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-168.60M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-43.96M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$710.09M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-538.37M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-69.20M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-750.92M	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$698.76M	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$57.87M	USD	1 Quarter
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$861.22K	USD	3 Qtrs
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-265.18K	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`	$1.76B	USD	3 Qtrs
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$880.25M	USD	3 Qtrs
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$684.72M	USD	3 Qtrs
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$675.06M	USD	3 Qtrs

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