XML 27 R6.htm IDEA: XBRL DOCUMENT v3.3.0.814
Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Sep. 30, 2015
Dec. 31, 2014
Sep. 30, 2014
Dec. 31, 2013
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2013
INCREASE / DECREASE IN CASH FROM OPERATIONS:              
Cash proceeds received from sales of gold         $ 115,174 $ 135,509 $ 241,124
Cash expenses paid         (115,174) (135,509) (241,124)
Increase/(Decrease) in cash resulting from operations           0 0
Cash and cash equivalents at beginning of period   $ 0   $ 0 0 0 0
Cash and cash equivalents at end of period $ 0   $ 0   0 0 0
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES:              
Value of gold received for creation of shares - net of gold receivable         6,447,849 5,893,107 7,734,465
Value of gold distributed for redemption of shares - net of gold payable         9,247,346 10,834,448 22,268,988
RECONCILIATION OF NET INCOME/(LOSS) TO NET CASH PROVIDED BY OPERATING ACTIVITIES              
Net income/(loss) (1,355,836) (469,526) (459,881) (501,554) (2,685,202) [1] (230,386) [2] 4,505,517 [2]
Adjustments to reconcile net income/(loss) to net cash provided by operating activities              
Proceeds from sales of gold to pay expenses         115,174    
Net realized (gain)/loss from investment in gold sold to pay expenses 2,691 899     5,170 [1]    
Net realized (gain)/loss from gold distributed for the redemption of shares 214,791 106,862     447,044 [1]    
Net change in unrealized (appreciation)/depreciation on investment in gold $ 1,113,392 $ 333,228 $ 477,254 $ 603,341 2,122,974 [1] 477,254  
(Increase)/Decrease in investment in gold           5,561,879 14,913,484
(Increase)/Decrease in gold receivable         0 0 0
Increase/(Decrease) in gold payable           (13,312) (448,911)
Increase/(Decrease) in liabilities         $ (5,160) (1,753) (11,390)
Increase/(Decrease) in redeemable shares              
Creations           5,893,107 7,734,465
Redemptions           (11,209,535) (26,693,165)
Increase/(Decrease) in cash resulting from operations           $ 0 $ 0
[1] Effective October 1, 2014, the Trust adopted the financial presentation provisions for an investment company. See note 2.2 to our audited financial statements.
[2] Represents audited statement of changes in shareholders' equity/(deficit) for the years ended September 30, 2014 and 2013.