10-Q Filing

ISHARES SILVER TRUST CIK: 1330568 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001437749-20-009629`
Period End Date	20200331
Filing Date	20200507
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	slv20200331_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 30 Income Statement 20 Cash Flow Statement 32

Balance Sheet 30 line items

Line Item	Tag	Value	Unit	Period
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.68B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.29B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$5.64B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$5.48B	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`	$4.67B	USD	Point-in-time
Shares, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Investment in silver bullion, at fair value	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$5.51B	USD	Point-in-time
Shares, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Investment in silver bullion, at fair value	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$6.54B	USD	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$6.54B	USD	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$5.51B	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	388.10M	shares	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	423.70M	shares	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$2.66M	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$2.37M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$2.66M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$2.37M	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`	$6.54B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$4.90B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$5.51B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$4.67B	USD	Point-in-time
Shares issued and outstanding (in shares)	`TemporaryEquitySharesOutstanding`	388.10M	shares	Point-in-time
Shares issued and outstanding (in shares)	`TemporaryEquitySharesOutstanding`	423.70M	shares	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$12.99	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$14.16	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$14.52	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$16.85	USD	Point-in-time

Income Statement 20 line items

Line Item	Tag	Value	Unit	Period
Sponsor's fees	`SponsorsFees`	$5.95M	USD	1 Quarter
Sponsor's fees	`SponsorsFees`	$7.68M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$7.68M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$5.95M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-7.68M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-5.95M	USD	1 Quarter
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$74.64K	USD	1 Quarter
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-785.78K	USD	1 Quarter
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-42.27M	USD	1 Quarter
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-9.65M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$-9.57M	USD	1 Quarter
Net realized loss	`RealizedInvestmentGainsLosses`	$-43.05M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-69.20M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-1.42B	USD	1 Quarter
Net realized and unrealized loss	`GainLossOnInvestments`	$-112.25M	USD	1 Quarter
Net realized and unrealized loss	`GainLossOnInvestments`	$-1.43B	USD	1 Quarter
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-118.20M	USD	1 Quarter
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-1.44B	USD	1 Quarter
Net decrease in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$-3.69	USD	1 Quarter
Net decrease in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$-0.36	USD	1 Quarter

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$5.92M	USD	1 Quarter
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$7.97M	USD	1 Quarter
Expenses Sponsors fees paid	`PaymentsForFees`	$7.97M	USD	1 Quarter
Expenses Sponsors fees paid	`PaymentsForFees`	$5.92M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	1 Quarter
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	1 Quarter
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 decrease in net assets resulting from operations	`NetIncomeLoss`	$-118.20M	USD	1 Quarter
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-1.44B	USD	1 Quarter
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$5.92M	USD	1 Quarter
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$7.97M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-9.57M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-43.05M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-69.20M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-1.42B	USD	1 Quarter
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$35.80K	USD	1 Quarter
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-294.35K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$185.28M	USD	1 Quarter
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$889.82M	USD	1 Quarter
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$302.68M	USD	1 Quarter
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$485.00M	USD	1 Quarter

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