10-Q Filing

ISHARES SILVER TRUST CIK: 1330568 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001437749-22-025350`
Period End Date	20220930
Filing Date	20221101
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	slv20220930_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`	$11.78B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$11.66B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$10.47B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$10.37B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$11.76B	USD	Point-in-time
Investment in silver bullion, cost	`InvestmentOwnedAtCost`	$11.33B	USD	Point-in-time
Shares, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Investment in silver bullion, at fair value	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$9.15B	USD	Point-in-time
Investment in silver bullion, at fair value	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$11.04B	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`	$12.25B	USD	Point-in-time
Investment in silver bullion, at fair value	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$11.83B	USD	Point-in-time
Shares, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Investment in silver bullion, at fair value	`InvestmentInPhysicalCommoditiesFairValueDisclosure`	$14.80B	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	573.80M	shares	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$12.25B	USD	Point-in-time
Shares issued (in shares)	`TemporaryEquitySharesIssued`	521.85M	shares	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$9.15B	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$3.65M	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$5.16M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$5.16M	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$3.65M	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`	$9.14B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$11.03B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$13.86B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$14.37B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$14.79B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$12.25B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$11.82B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$13.80B	USD	Point-in-time
Shares issued and outstanding (in shares)	`TemporaryEquitySharesOutstanding`	573.80M	shares	Point-in-time
Shares issued and outstanding (in shares)	`TemporaryEquitySharesOutstanding`	521.85M	shares	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`	$23.89	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$18.83	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$19.93	USD	Point-in-time
Net asset value per Share (Note 2C) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$17.52	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Sponsor's fees	`SponsorsFees`	$55.19M	USD	3 Qtrs
Sponsor's fees	`SponsorsFees`	$11.85M	USD	1 Quarter
Sponsor's fees	`SponsorsFees`	$43.76M	USD	3 Qtrs
Sponsor's fees	`SponsorsFees`	$16.97M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$43.76M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$55.19M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$11.85M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$16.97M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-18.94M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-55.19M	USD	3 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-43.76M	USD	3 Qtrs
Net investment loss	`OperatingIncomeLoss`	$-16.97M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-11.85M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-19.29M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-15.97M	USD	1 Quarter
Net investment loss	`OperatingIncomeLoss`	$-15.94M	USD	1 Quarter
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.67M	USD	1 Quarter
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$540.97K	USD	3 Qtrs
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$12.10M	USD	3 Qtrs
Silver bullion sold to pay expenses	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$2.91M	USD	1 Quarter
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$129.45M	USD	1 Quarter
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-155.88M	USD	3 Qtrs
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$1.27B	USD	3 Qtrs
Silver bullion distributed for the redemption of Shares	`NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares`	$-253.41M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-255.08M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$893.76M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-155.33M	USD	3 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$132.36M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$28.55M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$71.19M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$1.28B	USD	3 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$253.00M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-2.15B	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$874.38M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-2.54B	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-2.46B	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-4.16B	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-2.46B	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$756.59M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-489.45M	USD	1 Quarter
Net realized and unrealized loss	`GainLossOnInvestments`	$-744.53M	USD	1 Quarter
Net realized and unrealized loss	`GainLossOnInvestments`	$-2.31B	USD	3 Qtrs
Net realized and unrealized loss	`GainLossOnInvestments`	$-2.88B	USD	3 Qtrs
Net realized and unrealized loss	`GainLossOnInvestments`	$-2.33B	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-2.94B	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-756.38M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-2.34B	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$929.60M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-1.59B	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`	$-2.35B	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-2.52B	USD	1 Quarter
Net decrease in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$-3.94	USD	1 Quarter
Net decrease in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$-1.43	USD	1 Quarter
Net decrease in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$-4.76	USD	3 Qtrs
Net decrease in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$-4.09	USD	3 Qtrs

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$45.27M	USD	3 Qtrs
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$55.74M	USD	3 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$55.74M	USD	3 Qtrs
Expenses Sponsors fees paid	`PaymentsForFees`	$45.27M	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	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	3 Qtrs
Increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	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 decrease in net assets resulting from operations	`NetIncomeLoss`	$-2.94B	USD	3 Qtrs
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-756.38M	USD	1 Quarter
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-2.34B	USD	1 Quarter
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$929.60M	USD	1 Quarter
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-1.59B	USD	1 Quarter
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$990.65M	USD	1 Quarter
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-2.35B	USD	3 Qtrs
Net decrease in net assets resulting from operations	`NetIncomeLoss`	$-2.52B	USD	1 Quarter
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$45.27M	USD	3 Qtrs
Proceeds from silver bullion sold to pay expenses	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$55.74M	USD	3 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-255.08M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$893.76M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$-155.33M	USD	3 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$132.36M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$28.55M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$71.19M	USD	1 Quarter
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$1.28B	USD	3 Qtrs
Net realized (gain) loss	`RealizedInvestmentGainsLosses`	$253.00M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-2.15B	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$874.38M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-2.54B	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-2.46B	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-4.16B	USD	3 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-2.46B	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$756.59M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-489.45M	USD	1 Quarter
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-1.52M	USD	3 Qtrs
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-542.28K	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`	$2.91B	USD	3 Qtrs
Silver bullion contributed for Shares issued	`FairValueOfAssetsAcquired`	$6.05B	USD	3 Qtrs
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$3.66B	USD	3 Qtrs
Silver bullion distributed for Shares redeemed	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$6.08B	USD	3 Qtrs

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