10-K Filing

ISHARES SILVER TRUST CIK: 1330568 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001437749-22-004900`
Period End Date	20211231
Filing Date	20220301
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	slv20211231_10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 30 Income Statement 30 Cash Flow Statement 44

Balance Sheet 30 line items

Line Item	Tag	Value	Unit	Period
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$11.33B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$6.29B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$10.47B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$5.64B	USD	Point-in-time
Investment in silver bullion, at fair value	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$6.54B	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	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$12.25B	USD	Point-in-time
Investment in silver bullion, at fair value	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$14.80B	USD	Point-in-time
Investment in silver bullion, at fair value	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$4.91B	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	573.80M	shares	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$14.80B	USD	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$12.25B	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	600.95M	shares	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$5.80M	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$5.16M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$5.80M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$5.16M	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`	$14.79B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$4.90B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$12.25B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$6.54B	USD	Point-in-time
Shares issued and outstanding (in shares)	`TemporaryEquitySharesOutstanding`	573.80M	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`	$14.52	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`	$21.35	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$16.85	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Sponsor's fees	`SponsorsFees`	$50.64M	USD	Annual
Sponsor's fees	`SponsorsFees`	$71.21M	USD	Annual
Sponsor's fees	`SponsorsFees`	$27.77M	USD	Annual
Total expenses	`OperatingExpenses`	$71.21M	USD	Annual
Total expenses	`OperatingExpenses`	$27.77M	USD	Annual
Total expenses	`OperatingExpenses`	$50.64M	USD	Annual
Net investment loss	`OperatingIncomeLoss`	$-71.21M	USD	Annual
Net investment loss	`OperatingIncomeLoss`	$-50.64M	USD	Annual
Net investment loss	`OperatingIncomeLoss`	$-27.77M	USD	Annual
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$7.41M	USD	Annual
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$13.26M	USD	Annual
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-2.19M	USD	Annual
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-52.91M	USD	Annual
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$921.91M	USD	Annual
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$1.35B	USD	Annual
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$929.33M	USD	Annual
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-55.10M	USD	Annual
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$1.36B	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$4.08B	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-3.40B	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$984.80M	USD	Annual
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$-2.04B	USD	Annual
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$5.01B	USD	Annual
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$929.70M	USD	Annual
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-2.11B	USD	Annual
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$901.93M	USD	Annual
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$4.95B	USD	Annual
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$2.47	USD	Annual
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$9.61	USD	Annual
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$-3.46	USD	Annual

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$27.09M	USD	Annual
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$71.84M	USD	Annual
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$47.51M	USD	Annual
Expenses Sponsors fees paid	`PaymentsForFees`	$27.09M	USD	Annual
Expenses Sponsors fees paid	`PaymentsForFees`	$71.84M	USD	Annual
Expenses Sponsors fees paid	`PaymentsForFees`	$47.51M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	Annual
Increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	Annual
Increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	Annual
Cash, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, end of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, end of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, end of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, end of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-2.11B	USD	Annual
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$901.93M	USD	Annual
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$4.95B	USD	Annual
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$27.09M	USD	Annual
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$71.84M	USD	Annual
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$47.51M	USD	Annual
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$929.33M	USD	Annual
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-55.10M	USD	Annual
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$1.36B	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$4.08B	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-3.40B	USD	Annual
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$984.80M	USD	Annual
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$3.14M	USD	Annual
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$678.83K	USD	Annual
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-634.10K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$7.30B	USD	Annual
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$6.74B	USD	Annual
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$1.84B	USD	Annual
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$7.17B	USD	Annual
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$1.10B	USD	Annual
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$4.00B	USD	Annual

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