XML 17 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2015
Cash Flows from Operating Activities:          
Proceeds from silver bullion sold to pay expenses     $ 20,576 $ 19,777  
Expenses – Sponsor’s fees paid     (20,576) (19,777)  
Net cash provided by operating activities     0 0  
Increase (decrease) in cash     0 0  
Cash, beginning of period     0 0 $ 0
Cash, end of period $ 0 $ 0 0 0 0
Reconciliation of Net Increase (Decrease) in Net Assets Resulting from Operations to Net Cash Provided by (Used in) Operating Activities:          
Net increase (decrease) in net assets resulting from operations 311,697 (347,974) 1,789,311 (435,607) (699,232)
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:          
Proceeds from silver bullion sold to pay expenses     20,576 19,777  
Net realized loss (4,383) 53,561 73,651 141,641 212,156
Net change in unrealized appreciation/depreciation $ (315,993) $ 288,300 (1,884,475) 274,578 $ 461,781
Change in operating assets and liabilities:          
Sponsor’s fees payable     937 (389)  
Net cash provided by (used in) operating activities     0 0  
Supplemental disclosure of non–cash information:          
Silver bullion contributed for Shares issued     1,446,755 664,967  
Silver bullion distributed for Shares redeemed     $ (619,584) $ (825,652)