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Statements of cash flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities    
Net income (loss) for the year $ (5,354) $ (31,642)
Adjustment to reconcile net income (loss) for the year to net cash from operating activities    
Net realized (gains) losses on redemptions and sales of platinum and palladium bullion (2,280)
Change in unrealized (gains) losses on platinum and palladium bullion 6,293 30,125
Net changes in operating assets and liabilities    
(Increase) decrease in prepaid assets 66
Increase (decrease) in due to broker (371) 371
Increase (decrease) in accounts payable (208) 27
Net cash provided by (used in) operating activities (1,854) (1,119)
Cash flows from investing activities    
Purchases of platinum and palladium bullion (23,475) (35,823)
Sales of platinum and palladium bullion 441
Net cash provided by (used in) investing activities (23,034) (35,823)
Cash flows from financing activities    
Proceeds from issuance of Units (note 7) 24,992 37,006
Payments on redemption of Units (note 7) (218) (11)
Underwriting commissions and issue expenses (403) (322)
Net cash provided by (used in) financing activities 24,371 36,673
Net increase (decrease) in cash during the year (517) (269)
Cash at beginning of year 892 1,161
Cash at end of year $ 375 $ 892