10-Q Filing

INVESCO CURRENCYSHARES EURO TRUST CIK: 1328598 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-060479`
Period End Date	20230930
Filing Date	20231108
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	fxe-20230930_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`	$229.56M	USD	Point-in-time
Redeemable Capital Shares, shares issued	`TemporaryEquitySharesIssued`	2.90M	shares	Point-in-time
Redeemable Capital Shares, shares issued	`TemporaryEquitySharesIssued`	2.35M	shares	Point-in-time
Receivable from accrued interest	`InterestReceivableCurrent`	$169.20K	USD	Point-in-time
Redeemable Capital Shares, shares outstanding	`TemporaryEquitySharesOutstanding`	2.35M	shares	Point-in-time
Receivable from accrued interest	`InterestReceivableCurrent`	$502.07K	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`	$230.06M	USD	Point-in-time
Euro deposits, non-interest bearing, overdrawn	`NoninterestBearingDepositLiabilities`	$7.42K	USD	Point-in-time
Euro deposits, non-interest bearing, overdrawn	`NoninterestBearingDepositLiabilities`	$13.29K	USD	Point-in-time
Accrued Sponsor's fee	`OtherLiabilitiesCurrent`	$111.26K	USD	Point-in-time
Accrued Sponsor's fee	`OtherLiabilitiesCurrent`	$78.12K	USD	Point-in-time
Total Liabilities	`Liabilities`	$91.41K	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, 2,350,000 and 2,900,000 issued and outstanding, respectively	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$229.97M	USD	Point-in-time
Redeemable Capital Shares, at redemption value, no par value, 2,350,000 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`	$230.06M	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`	-	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	$1.46M	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	$3.76M	USD	3 Qtrs
Interest Income	`InvestmentIncomeInterest`	-	USD	3 Qtrs
Total Income	`Revenues`	$3.76M	USD	3 Qtrs
Total Income	`Revenues`	$1.46M	USD	1 Quarter
Total Income	`Revenues`	-	USD	1 Quarter
Total Income	`Revenues`	-	USD	3 Qtrs
Sponsor's fee	`SponsorFees`	$809.24K	USD	3 Qtrs
Sponsor's fee	`SponsorFees`	$326.48K	USD	1 Quarter
Sponsor's fee	`SponsorFees`	$750.86K	USD	3 Qtrs
Sponsor's fee	`SponsorFees`	$240.96K	USD	1 Quarter
Interest Expense on currency deposits	`InterestExpense`	-	USD	3 Qtrs
Interest Expense on currency deposits	`InterestExpense`	$308.65K	USD	1 Quarter
Interest Expense on currency deposits	`InterestExpense`	-	USD	1 Quarter
Interest Expense on currency deposits	`InterestExpense`	$1.01M	USD	3 Qtrs
Total Expenses	`OperatingExpenses`	$809.24K	USD	3 Qtrs
Total Expenses	`OperatingExpenses`	$1.76M	USD	3 Qtrs
Total Expenses	`OperatingExpenses`	$240.96K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$635.14K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-635.14K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.76M	USD	3 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$1.22M	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$2.95M	USD	3 Qtrs
Basic Earnings (Loss) per Share	`EarningsPerShareBasic`	$0.51	USD	1 Quarter
Basic Earnings (Loss) per Share	`EarningsPerShareBasic`	$-0.68	USD	3 Qtrs
Basic Earnings (Loss) per Share	`EarningsPerShareBasic`	$-0.18	USD	1 Quarter
Basic Earnings (Loss) per Share	`EarningsPerShareBasic`	$1.10	USD	3 Qtrs
Diluted Earnings (Loss) per Share	`EarningsPerShareDiluted`	$-0.18	USD	1 Quarter
Diluted Earnings (Loss) per Share	`EarningsPerShareDiluted`	$0.51	USD	1 Quarter
Diluted Earnings (Loss) per Share	`EarningsPerShareDiluted`	$-0.68	USD	3 Qtrs
Diluted Earnings (Loss) per Share	`EarningsPerShareDiluted`	$1.10	USD	3 Qtrs
Basic Weighted-average Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.60M	shares	3 Qtrs
Basic Weighted-average Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.69M	shares	3 Qtrs
Basic Weighted-average Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.37M	shares	1 Quarter
Basic Weighted-average Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	3.56M	shares	1 Quarter
Diluted Weighted-average Shares Outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.60M	shares	3 Qtrs
Diluted Weighted-average Shares Outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.56M	shares	1 Quarter
Diluted Weighted-average Shares Outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.37M	shares	1 Quarter
Diluted Weighted-average Shares Outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.69M	shares	3 Qtrs

Cash Flow Statement 35 line items

Line Item	Tag	Value	Unit	Period
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-635.14K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.76M	USD	3 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$1.22M	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$2.95M	USD	3 Qtrs
Receivable from accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$332.87K	USD	3 Qtrs
Accrued Sponsors fee	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-33.14K	USD	3 Qtrs
Accrued Sponsors fee	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$36.80K	USD	3 Qtrs
Accrued interest expense	`IncreaseDecreaseInInterestPayableNet`	$-53.11K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.78M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.59M	USD	3 Qtrs
Distributions paid to shareholders	`PaymentsOfCapitalDistribution`	$2.55M	USD	3 Qtrs
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	115.33M	EUR	3 Qtrs
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$525.44M	USD	3 Qtrs
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$124.87M	USD	3 Qtrs
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	679.57M	EUR	Annual
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$179.88M	USD	3 Qtrs
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$305.89M	USD	3 Qtrs
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	596.14M	EUR	Annual
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	166.07M	EUR	3 Qtrs
Increase (decrease) in payable for Euro deposits overdrawn	`IncreaseDecreaseInPayableForEuroDollarDepositsOverdrawn`	$5.87K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$219.55M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-57.55M	USD	3 Qtrs
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-35.92M	USD	3 Qtrs
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.03M	USD	3 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-56.00M	USD	3 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$181.86M	USD	3 Qtrs
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$393.50M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$285.56M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$229.56M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$211.64M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$393.50M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$285.56M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$229.56M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$211.64M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$1.06M	USD	3 Qtrs

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$229.97M	USD	Point-in-time
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$285.61M	USD	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.35M	shares	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.90M	shares	Point-in-time
Distributions	`DividendsCommonStockCash`	$2.55M	USD	3 Qtrs
Distributions	`DividendsCommonStockCash`	$1.18M	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-635.14K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.76M	USD	3 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$1.22M	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$2.95M	USD	3 Qtrs
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$-402.85K	USD	3 Qtrs
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$635.14K	USD	1 Quarter
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$1.76M	USD	3 Qtrs
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$-40.42K	USD	1 Quarter
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$229.97M	USD	Point-in-time
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$285.61M	USD	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.35M	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.