XML 22 R6.htm IDEA: XBRL DOCUMENT v3.2.0.727
Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Sep. 30, 2014
INCREASE / DECREASE IN CASH FROM OPERATIONS:          
Cash proceeds received from sales of gold $ 28,613 $ 32,991 $ 87,624 $ 101,842  
Cash expenses paid (28,613) (32,991) (87,624) (101,842)  
Increase/(Decrease) in cash resulting from operations 0 0 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 1,000,841 941,382 5,289,912 4,166,969  
Value of gold distributed for redemption of shares, at cost - net of gold payable   2,134,752   8,624,578  
Value of gold distributed for redemption of shares, at fair value - net of gold payable 1,975,240   7,283,671    
RECONCILIATION OF NET INCOME/(LOSS) TO NET CASH PROVIDED BY OPERATING ACTIVITIES          
Net income/(loss) (375,173) [1] 67,953 (1,329,366) [1] 229,495 $ (230,386) [2]
Adjustments to reconcile net income/(loss) to net cash provided by operating activities          
Proceeds from sales of gold to pay expenses 28,613   87,624    
Net realized (gain)/loss from investment in gold sold to pay expenses [1] 765   2,479    
Net realized (gain)/loss from gold distributed for the redemption of shares [1] 65,606   232,253    
Net change in unrealized (appreciation)/depreciation on investment in gold [1] 281,150   1,009,582    
(Increase)/Decrease in investment in gold   1,232,421   4,708,335  
(Increase)/Decrease in gold receivable   (240,490)   (240,490)  
Increase/(Decrease) in gold payable   (161,796)   (153,680)  
Increase/(Decrease) in liabilities (961) (378) (2,572) (1,066)  
Increase/(Decrease) in redeemable shares          
Creations   1,181,872   4,407,459  
Redemptions   (2,079,582)   (8,950,053)  
Increase/(Decrease) in cash resulting from operations $ 0 $ 0 $ 0 $ 0  
[1] Effective October 1, 2014, the Trust adopted the financial presentation provisions for an investment company. See note 2.2 to our unaudited financial statements.
[2] Represents audited statement of changes in shareholders' equity/(deficit) for the year ended September 30, 2014.