10-Q Filing

INVESCO CURRENCYSHARES EURO TRUST CIK: 1328598 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-019004`
Period End Date	20230331
Filing Date	20230509
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	fxe-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 28 Income Statement 20 Cash Flow Statement 33 Stockholders Equity 13

Balance Sheet 28 line items

Line Item	Tag	Value	Unit	Period
Redeemable Capital Shares, no par value	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Redeemable Capital Shares, no par value	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Euro deposits, interest bearing	`InterestBearingDepositsInBanks`	$285.56M	USD	Point-in-time
Euro deposits, interest bearing	`InterestBearingDepositsInBanks`	$270.65M	USD	Point-in-time
Redeemable Capital Shares, shares issued	`TemporaryEquitySharesIssued`	2.90M	shares	Point-in-time
Redeemable Capital Shares, shares issued	`TemporaryEquitySharesIssued`	2.65M	shares	Point-in-time
Redeemable Capital Shares, shares outstanding	`TemporaryEquitySharesOutstanding`	2.90M	shares	Point-in-time
Subscriptions receivable	`SubscriptionsReceivable`	$5.01M	USD	Point-in-time
Redeemable Capital Shares, shares outstanding	`TemporaryEquitySharesOutstanding`	2.65M	shares	Point-in-time
Receivable from accrued interest	`InterestReceivableCurrent`	$375.62K	USD	Point-in-time
Receivable from accrued interest	`InterestReceivableCurrent`	$169.20K	USD	Point-in-time
Total Assets	`Assets`	$285.73M	USD	Point-in-time
Total Assets	`Assets`	$276.03M	USD	Point-in-time
Euro deposits, non-interest bearing, overdrawn	`NoninterestBearingDepositLiabilities`	$7.42K	USD	Point-in-time
Euro deposits, non-interest bearing, overdrawn	`NoninterestBearingDepositLiabilities`	$19.11K	USD	Point-in-time
Redemptions payable	`RedemptionsPayableCurrent`	$10.02M	USD	Point-in-time
Accrued Sponsor's fee	`DueToRelatedPartiesCurrent`	$111.26K	USD	Point-in-time
Accrued Sponsor's fee	`DueToRelatedPartiesCurrent`	$97.04K	USD	Point-in-time
Total Liabilities	`Liabilities`	$10.14M	USD	Point-in-time
Total Liabilities	`Liabilities`	$118.68K	USD	Point-in-time
Commitments and Contingent Liabilities (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingent Liabilities (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable Capital Shares, at redemption value, no par value, 2,650,000 and 2,900,000 issued and outstanding, respectively	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$265.89M	USD	Point-in-time
Redeemable Capital Shares, at redemption value, no par value, 2,650,000 and 2,900,000 issued and outstanding, respectively	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$285.61M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Total Liabilities, Redeemable Capital Shares and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$276.03M	USD	Point-in-time
Total Liabilities, Redeemable Capital Shares and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$285.73M	USD	Point-in-time

Income Statement 20 line items

Line Item	Tag	Value	Unit	Period
Interest Income	`InvestmentIncomeInterest`	$910.52K	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Total Income	`Revenues`	-	USD	1 Quarter
Total Income	`Revenues`	$910.52K	USD	1 Quarter
Sponsor's fee	`SponsorFees`	$284.78K	USD	1 Quarter
Sponsor's fee	`SponsorFees`	$199.19K	USD	1 Quarter
Interest Expense on currency deposits	`InterestExpense`	-	USD	1 Quarter
Interest Expense on currency deposits	`InterestExpense`	$328.35K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$527.54K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$284.78K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-527.54K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$625.75K	USD	1 Quarter
Basic Earnings (Loss) per Share	`EarningsPerShareBasic`	$-0.27	USD	1 Quarter
Basic Earnings (Loss) per Share	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Diluted Earnings (Loss) per Share	`EarningsPerShareDiluted`	$-0.27	USD	1 Quarter
Diluted Earnings (Loss) per Share	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Weighted-average Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.91M	shares	1 Quarter
Weighted-average Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	1.93M	shares	1 Quarter
Weighted-average Shares Outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.93M	shares	1 Quarter
Weighted-average Shares Outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.91M	shares	1 Quarter

Cash Flow Statement 33 line items

Line Item	Tag	Value	Unit	Period
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-527.54K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$625.75K	USD	1 Quarter
Receivable from accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$206.42K	USD	1 Quarter
Accrued Sponsors fee	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-14.22K	USD	1 Quarter
Accrued Sponsors fee	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-7.82K	USD	1 Quarter
Accrued interest expense	`IncreaseDecreaseInInterestPayableNet`	$-12.88K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$405.11K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-548.24K	USD	1 Quarter
Distributions paid to shareholders	`PaymentsOfCapitalDistribution`	$396.47K	USD	1 Quarter
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$29.42M	USD	1 Quarter
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	32.29M	EUR	1 Quarter
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$89.16M	USD	1 Quarter
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	679.57M	EUR	Annual
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$108.63M	USD	1 Quarter
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$49.74M	USD	1 Quarter
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	55.36M	EUR	1 Quarter
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	596.14M	EUR	Annual
Increase (Decrease) In Payable For Euro Dollar Deposits Overdrawn	`IncreaseDecreaseInPayableForEuroDollarDepositsOverdrawn`	$11.69K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-19.47M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-20.71M	USD	1 Quarter
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.74M	USD	1 Quarter
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.40M	USD	1 Quarter
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-25.76M	USD	1 Quarter
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-14.91M	USD	1 Quarter
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$270.65M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$185.88M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$285.56M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$211.64M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$270.65M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$185.88M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$285.56M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$211.64M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$341.23K	USD	1 Quarter

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$265.89M	USD	Point-in-time
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$285.61M	USD	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.90M	shares	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.65M	shares	Point-in-time
Distributions	`DividendsCommonStockCash`	$396.47K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-527.54K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$625.75K	USD	1 Quarter
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$527.54K	USD	1 Quarter
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$-229.28K	USD	1 Quarter
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$265.89M	USD	Point-in-time
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$285.61M	USD	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.90M	shares	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.65M	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.