XML 26 R9.htm IDEA: XBRL DOCUMENT v3.25.0.1
Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash Flows from Operating Activities:      
Net income (loss) $ (1,219,474) $ (13,280,208) $ 3,632,266
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Change in unrealized (gain) loss on open commodity futures contracts (5,565,625) (3,969,335) 8,968,249
(Increase) decrease in receivable from General Partner 168,223 (4,647) (34,828)
(Increase) decrease in dividends receivable 11,949 40,062 (93,733)
(Increase) decrease in interest receivable (9,290) (10,229) (7,747)
(Increase) decrease in prepaid insurance 1,587 (1,361) (315)
(Increase) decrease in prepaid license fees 6,623 137 (5,735)
Increase (decrease) in payable due to Broker 230,776    
Increase (decrease) in General Partner management fees payable (1,245) (9,169) 9,431
Increase (decrease) in professional fees payable 51,660 (15,096) 36,099
Increase (decrease) in directors' fees payable (2,264)   74
Increase Decrease In License Fees Payable 707    
Net cash provided by (used in) operating activities (6,326,373) (17,249,846) 12,503,761
Cash Flows from Financing Activities:      
Addition of partnership shares 21,720,123 14,459,823 41,366,621
Redemption of partnership shares (18,124,478) (9,875,599) (36,319,539)
Net cash provided by (used in) financing activities 3,595,645 4,584,224 5,047,082
Net Increase (Decrease) in Cash and Cash Equivalents (2,730,728) (12,665,622) 17,550,843
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of year 20,591,178 33,256,800 15,705,957
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of year 17,860,450 20,591,178 33,256,800
Components of Cash, Cash Equivalents and Equity in Trading Accounts:      
Cash and cash equivalents $ 17,860,450 [1] 14,477,947 22,036,438
Equity in Trading Accounts:      
Cash and cash equivalents   $ 6,113,231 $ 11,220,362
[1] A portion of this amount is designated to meet daily Futures Commission Merchants’ margin requirements.