10-Q Filing

ISHARES SILVER TRUST CIK: 1330568 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001437749-21-018892`
Period End Date	20210630
Filing Date	20210806
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	slv20210630_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 38 Income Statement 48 Cash Flow Statement 44

Balance Sheet 38 line items

Line Item	Tag	Value	Unit	Period
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$11.94B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$11.76B	USD	Point-in-time
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`	$8.37B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$10.47B	USD	Point-in-time
Investment in silver bullion, at fair value	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$14.80B	USD	Point-in-time
Shares, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Investment in silver bullion, at fair value	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$8.89B	USD	Point-in-time
Shares, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Investment in silver bullion, at fair value	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$14.38B	USD	Point-in-time
Investment in silver bullion, at fair value	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$13.80B	USD	Point-in-time
Investment in silver bullion, at fair value	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$5.51B	USD	Point-in-time
Investment in silver bullion, at fair value	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$6.54B	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	600.95M	shares	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$14.80B	USD	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$14.38B	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	601.80M	shares	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$6.35M	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$5.80M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$6.35M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$5.80M	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`	$14.37B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$5.51B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$14.79B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$8.88B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$13.80B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$6.54B	USD	Point-in-time
Shares issued and outstanding (in shares)	`TemporaryEquitySharesOutstanding`	601.80M	shares	Point-in-time
Shares issued and outstanding (in shares)	`TemporaryEquitySharesOutstanding`	600.95M	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`	$16.85	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$24.61	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$22.28	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$16.62	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$23.89	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Sponsor's fees	`SponsorsFees`	$16.63M	USD	2 Qtrs
Sponsor's fees	`SponsorsFees`	$38.23M	USD	2 Qtrs
Sponsor's fees	`SponsorsFees`	$8.95M	USD	1 Quarter
Sponsor's fees	`SponsorsFees`	$18.94M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$18.94M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$38.23M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$8.95M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$16.63M	USD	2 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-7.68M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-8.95M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-19.29M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-16.63M	USD	2 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-38.23M	USD	2 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-18.94M	USD	1 Quarter
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-508.60K	USD	2 Qtrs
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$9.19M	USD	2 Qtrs
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$3.98M	USD	1 Quarter
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-583.24K	USD	1 Quarter
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$1.14B	USD	2 Qtrs
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-20.20M	USD	2 Qtrs
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-10.56M	USD	1 Quarter
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$249.02M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-11.14M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$893.76M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$1.15B	USD	2 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-9.57M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-20.71M	USD	2 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$253.00M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-1.42B	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$263.48M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$756.59M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$1.69B	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-2.46B	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-1.70B	USD	2 Qtrs
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$1.01B	USD	1 Quarter
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$1.68B	USD	1 Quarter
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$-556.43M	USD	2 Qtrs
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$242.77M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$1.67B	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$990.65M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$226.14M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-1.44B	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-594.65M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-1.59B	USD	1 Quarter
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$3.51	USD	1 Quarter
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$0.52	USD	2 Qtrs
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$1.61	USD	1 Quarter
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$-0.95	USD	2 Qtrs

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$37.67M	USD	2 Qtrs
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$15.80M	USD	2 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$15.80M	USD	2 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$37.67M	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	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	2 Qtrs
Increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	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`	$1.67B	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$990.65M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$226.14M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-1.44B	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-594.65M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-1.59B	USD	1 Quarter
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$37.67M	USD	2 Qtrs
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$15.80M	USD	2 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-11.14M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$893.76M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$1.15B	USD	2 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-9.57M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-20.71M	USD	2 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$253.00M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-1.42B	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$263.48M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$756.59M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$1.69B	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-2.46B	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-1.70B	USD	2 Qtrs
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$555.47K	USD	2 Qtrs
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$826.93K	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`	$2.85B	USD	2 Qtrs
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$5.23B	USD	2 Qtrs
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$5.06B	USD	2 Qtrs
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$735.79M	USD	2 Qtrs

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