CASH FLOWS FROM OPERATING ACTIVITIES: | |
Proceeds from sales of silver | |
Expenses - Sponsor's fees paid | 0 |
Increase (decrease) in cash | 0 |
Cash, beginning of period | 0 |
Cash, end of period | 0 |
RECONCILIATION OF NET INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIES: | |
Net income | 311.7M |
Adjustments to reconcile net income to net cash provided by operating activities: | |
Gain on silver distributed for the redemption of Shares | |
Cost of silver sold to pay expenses | |
Increase (decrease) in Sponsor's fees payable | |
Net cash provided by operating activities | 0 |
Supplemental disclosure of non-cash information: | |
Carrying value of silver received for creation of Shares | |
Carrying value of silver distributed for redemption of Shares, at average cost |