10-Q Filing

INVESCO CURRENCYSHARES EURO TRUST CIK: 1328598 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-038213`
Period End Date	20230630
Filing Date	20230804
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	fxe-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 26 Income Statement 40 Cash Flow Statement 35 Stockholders Equity 18

Balance Sheet 26 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`	$251.65M	USD	Point-in-time
Redeemable Capital Shares, shares issued	`TemporaryEquitySharesIssued`	2.50M	shares	Point-in-time
Redeemable Capital Shares, shares issued	`TemporaryEquitySharesIssued`	2.90M	shares	Point-in-time
Receivable from accrued interest	`InterestReceivableCurrent`	$169.20K	USD	Point-in-time
Redeemable Capital Shares, shares outstanding	`TemporaryEquitySharesOutstanding`	2.50M	shares	Point-in-time
Receivable from accrued interest	`InterestReceivableCurrent`	$486.93K	USD	Point-in-time
Redeemable Capital Shares, shares outstanding	`TemporaryEquitySharesOutstanding`	2.90M	shares	Point-in-time
Total Assets	`Assets`	$285.73M	USD	Point-in-time
Total Assets	`Assets`	$252.13M	USD	Point-in-time
Euro deposits, non-interest bearing, overdrawn	`NoninterestBearingDepositLiabilities`	$43.09K	USD	Point-in-time
Euro deposits, non-interest bearing, overdrawn	`NoninterestBearingDepositLiabilities`	$7.42K	USD	Point-in-time
Accrued Sponsor's fee	`OtherLiabilitiesCurrent`	$93.16K	USD	Point-in-time
Accrued Sponsor's fee	`OtherLiabilitiesCurrent`	$111.26K	USD	Point-in-time
Total Liabilities	`Liabilities`	$136.26K	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, 2,500,000 and 2,900,000 issued and outstanding, respectively	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$285.61M	USD	Point-in-time
Redeemable Capital Shares, at redemption value, no par value, 2,500,000 and 2,900,000 issued and outstanding, respectively	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$252.00M	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`	$252.13M	USD	Point-in-time
Total Liabilities, Redeemable Capital Shares and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$285.73M	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Interest Income	`InvestmentIncomeInterest`	$1.39M	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	$2.30M	USD	2 Qtrs
Interest Income	`InvestmentIncomeInterest`	-	USD	2 Qtrs
Interest Income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Total Income	`Revenues`	-	USD	1 Quarter
Total Income	`Revenues`	$2.30M	USD	2 Qtrs
Total Income	`Revenues`	-	USD	2 Qtrs
Total Income	`Revenues`	$1.39M	USD	1 Quarter
Sponsor's fee	`SponsorFees`	$424.37K	USD	2 Qtrs
Sponsor's fee	`SponsorFees`	$283.50K	USD	1 Quarter
Sponsor's fee	`SponsorFees`	$568.28K	USD	2 Qtrs
Sponsor's fee	`SponsorFees`	$225.18K	USD	1 Quarter
Interest Expense on currency deposits	`InterestExpense`	-	USD	1 Quarter
Interest Expense on currency deposits	`InterestExpense`	$371.18K	USD	1 Quarter
Interest Expense on currency deposits	`InterestExpense`	$699.53K	USD	2 Qtrs
Interest Expense on currency deposits	`InterestExpense`	-	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$596.36K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$283.50K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$568.28K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$1.12M	USD	2 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$1.11M	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.12M	USD	2 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$1.73M	USD	2 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-596.36K	USD	1 Quarter
Basic Earnings (Loss) per Share	`EarningsPerShareBasic`	$-0.53	USD	2 Qtrs
Basic Earnings (Loss) per Share	`EarningsPerShareBasic`	$0.61	USD	2 Qtrs
Basic Earnings (Loss) per Share	`EarningsPerShareBasic`	$-0.26	USD	1 Quarter
Basic Earnings (Loss) per Share	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Diluted Earnings (Loss) per Share	`EarningsPerShareDiluted`	$-0.53	USD	2 Qtrs
Diluted Earnings (Loss) per Share	`EarningsPerShareDiluted`	$-0.26	USD	1 Quarter
Diluted Earnings (Loss) per Share	`EarningsPerShareDiluted`	$0.61	USD	2 Qtrs
Diluted Earnings (Loss) per Share	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Basic Weighted-average Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.81M	shares	1 Quarter
Basic Weighted-average Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.30M	shares	1 Quarter
Basic Weighted-average Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.12M	shares	2 Qtrs
Basic Weighted-average Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.86M	shares	2 Qtrs
Diluted Weighted-average Shares Outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.12M	shares	2 Qtrs
Diluted Weighted-average Shares Outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.30M	shares	1 Quarter
Diluted Weighted-average Shares Outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.81M	shares	1 Quarter
Diluted Weighted-average Shares Outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.86M	shares	2 Qtrs

Cash Flow Statement 35 line items

Line Item	Tag	Value	Unit	Period
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$1.11M	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.12M	USD	2 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$1.73M	USD	2 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-596.36K	USD	1 Quarter
Receivable from accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$317.73K	USD	2 Qtrs
Accrued Sponsors fee	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$4.58K	USD	2 Qtrs
Accrued Sponsors fee	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-18.10K	USD	2 Qtrs
Accrued interest expense	`IncreaseDecreaseInInterestPayableNet`	$7.55K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.40M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.11M	USD	2 Qtrs
Distributions paid to shareholders	`PaymentsOfCapitalDistribution`	$1.37M	USD	2 Qtrs
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$250.96M	USD	2 Qtrs
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$75.02M	USD	2 Qtrs
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	69.20M	EUR	2 Qtrs
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	679.57M	EUR	Annual
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$115.01M	USD	2 Qtrs
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	106.10M	EUR	2 Qtrs
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	596.14M	EUR	Annual
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$207.26M	USD	2 Qtrs
Increase (decrease) in payable for Euro deposits overdrawn	`IncreaseDecreaseInPayableForEuroDollarDepositsOverdrawn`	$35.67K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$43.70M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-41.33M	USD	2 Qtrs
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.03M	USD	2 Qtrs
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-17.15M	USD	2 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$25.44M	USD	2 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-33.91M	USD	2 Qtrs
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$211.64M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$237.08M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$285.56M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$251.65M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$211.64M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$237.08M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$285.56M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$251.65M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$691.98K	USD	2 Qtrs

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$285.61M	USD	Point-in-time
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$252.00M	USD	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.50M	shares	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.90M	shares	Point-in-time
Distributions	`DividendsCommonStockCash`	$1.37M	USD	2 Qtrs
Distributions	`DividendsCommonStockCash`	$974.21K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$1.11M	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.12M	USD	2 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$1.73M	USD	2 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-596.36K	USD	1 Quarter
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$-133.15K	USD	1 Quarter
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$1.12M	USD	2 Qtrs
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$-362.43K	USD	2 Qtrs
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$596.36K	USD	1 Quarter
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$285.61M	USD	Point-in-time
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$252.00M	USD	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.50M	shares	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.90M	shares	Point-in-time

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