XML 21 R6.htm IDEA: XBRL DOCUMENT v3.3.1.900
Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
INCREASE IN CASH FROM OPERATIONS:    
Cash proceeds received from transfer of gold   $ 0
Cash expenses paid   0
Increase in cash resulting from operations   0
Cash and cash equivalents at beginning of year $ 0 0
Cash and cash equivalents at end of year   0
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES:    
Value of gold received for creation of Shares 6,437 22,226
Value of gold distributed for redemption of Shares - at cost   411,683
RECONCILIATION OF CHANGE IN NET ASSETS FROM OPERATIONS TO NET CASH PROVIDED BY OPERATING ACTIVITIES:    
Change in net assets from operations $ (5,711) [1] (131,104) [2]
Adjustments to reconcile change in net assets from operations to net cash provided by operating activities:    
Decrease in investment in gold   521,922
Increase in gold payable   5,907
Decrease in fees payable to Sponsor   (280)
Increase / (decrease) in redeemable Shares:    
Creations   22,226
Redemptions   (418,671)
Net cash provided by operating activities   0
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:    
Value of gold transferred to pay expenses   $ 5,992
[1] Represents audited amounts prior to the adoption of provisions for an investment company for accounting purposes. Refer to Note 2.1 for additional information.
[2] Effective January 1, 2014, the Trust has adopted the provisions of Topic 946. Refer to Note 2.1 for additional information.