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10-Q Filing

World Gold Trust CIK: 1618181 Q1 2017
Filing Information
Form Type 10-Q
Accession Number 0001193125-17-160969
Period End Date 20170331
Filing Date 20170505
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance gldw-20170331.xml
Filing Contents
Balance Sheet 15 line items
Line Item Tag Value Unit Period
Investment in Gold (cost $26,332 at March 31, 2017) InvestmentInPhysicalCommoditiesFairValueDisclosure $27.14M USD Point-in-time
Gold Delivery Agreement receivable GoldDeliveryAgreementReceivable $160.00K USD Point-in-time
Investment in Gold, at cost InvestmentOwnedAtCost $26.33M USD Point-in-time
Total Assets Assets $27.30M USD Point-in-time
Common stock, par value TemporaryEquityParOrStatedValuePerShare - USD Point-in-time
Accounts payable to Sponsor DueToRelatedPartiesCurrent $8.00K USD Point-in-time
Total Liabilities Liabilities $8.00K USD Point-in-time
Net Assets AssetsNet - USD Point-in-time
Net Assets AssetsNet $27.30M USD Point-in-time
Shares issued TemporaryEquitySharesIssued 220,000.00 shares Point-in-time
Shares issued TemporaryEquitySharesIssued 10.00 shares Point-in-time
Shares outstanding TemporaryEquitySharesOutstanding 220,000.00 shares Point-in-time
Net asset value per Share NetAssetValuePerShare $124.07 USD Point-in-time
Net asset value per Share NetAssetValuePerShare $118.42 USD Point-in-time
Net asset value per Share NetAssetValuePerShare $118.42 USD Point-in-time
Income Statement 24 line items
Line Item Tag Value Unit Period
Sponsor fees SponsorFees $13.00K USD 1 Quarter
Sponsor fees SponsorFees $13.00K USD 2 Qtrs
Gold Delivery Provider fees BrokerFees $7.00K USD 1 Quarter
Gold Delivery Provider fees BrokerFees $7.00K USD 2 Qtrs
Total expenses OperatingExpenses $20.00K USD 1 Quarter
Total expenses OperatingExpenses $20.00K USD 2 Qtrs
Net investment loss NetInvestmentIncome $-20.00K USD 2 Qtrs
Net investment loss NetInvestmentIncome $-20.00K USD 1 Quarter
Net realized gain/(loss) from investment in gold sold to pay Sponsor fees GainLossOnSaleOfTrustAssetsToPayExpenses $1.00K USD 1 Quarter
Net realized gain/(loss) from investment in gold sold to pay Sponsor fees GainLossOnSaleOfTrustAssetsToPayExpenses $1.00K USD 2 Qtrs
Net realized gain/(loss) on Gold Delivery Agreement DerivativeGainLossOnDerivativeNet $-86.00K USD 1 Quarter
Net realized gain/(loss) on Gold Delivery Agreement DerivativeGainLossOnDerivativeNet $-86.00K USD 2 Qtrs
Net realized gain/(loss) from gold sold to cover Gold Delivery Provider fees GainLossOnSaleOfInvestments $39.00K USD 2 Qtrs
Net realized gain/(loss) from gold sold to cover Gold Delivery Provider fees GainLossOnSaleOfInvestments $39.00K USD 1 Quarter
Net change in unrealized appreciation/(depreciation) on investment in gold UnrealizedGainLossOnInvestments $812.00K USD 1 Quarter
Net change in unrealized appreciation/(depreciation) on investment in gold UnrealizedGainLossOnInvestments $812.00K USD 2 Qtrs
Net realized and change in unrealized gain/(loss) on investment in gold and Gold Delivery Agreement GainLossOnInvestments $766.00K USD 2 Qtrs
Net realized and change in unrealized gain/(loss) on investment in gold and Gold Delivery Agreement GainLossOnInvestments $766.00K USD 1 Quarter
Net Income NetIncomeLoss $746.00K USD 2 Qtrs
Net Income NetIncomeLoss $746.00K USD 1 Quarter
Net Income/(loss) per share EarningsPerShareBasic $3.85 USD 2 Qtrs
Net Income/(loss) per share EarningsPerShareBasic $3.85 USD 1 Quarter
Weighted average number of shares (in 000's) WeightedAverageNumberOfSharesOutstandingBasic 194,000.00 shares 1 Quarter
Weighted average number of shares (in 000's) WeightedAverageNumberOfSharesOutstandingBasic 194,000.00 shares 2 Qtrs
Cash Flow Statement 36 line items
Line Item Tag Value Unit Period
Cash proceeds received from sales of gold ProceedsFromSaleOfTrustAssetsToPayExpenses $12.00K USD 2 Qtrs
Cash proceeds received from sales of gold ProceedsFromSaleOfTrustAssetsToPayExpenses $12.00K USD 1 Quarter
Cash expenses paid PaymentsForOperatingActivities $12.00K USD 1 Quarter
Cash expenses paid PaymentsForOperatingActivities $12.00K USD 2 Qtrs
Increase/(Decrease) in cash resulting from operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations - USD 2 Qtrs
Increase/(Decrease) in cash resulting from operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations - USD 1 Quarter
Cash proceeds from issuance of stock ProceedsFromIssuanceOfCommonStock $1.00K USD 2 Qtrs
Cash paid for repurchase of stock PaymentsForRepurchaseOfCommonStock $1.00K USD 2 Qtrs
Cash paid for repurchase of stock PaymentsForRepurchaseOfCommonStock $1.00K USD 1 Quarter
Increase/(Decrease) in cash resulting from financing activities NetCashProvidedByUsedInFinancingActivities $-1.00K USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $1.00K USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $1.00K USD Point-in-time
Value of gold received for creation of shares - net of gold receivable FairValueOfAssetsAcquired $26.55M USD 2 Qtrs
Value of gold received for creation of shares - net of gold receivable FairValueOfAssetsAcquired $26.55M USD 1 Quarter
Value of gold distributed for redemption of shares - net of gold payable FairValueOfGoldDistributedForRedemptionOfShares - USD 1 Quarter
Value of gold distributed for redemption of shares - net of gold payable FairValueOfGoldDistributedForRedemptionOfShares - USD 2 Qtrs
Value of Gold Delivery Agreement inflows FairValueOfGoldDeliveryAgreementInflows $1.44M USD 2 Qtrs
Value of Gold Delivery Agreement inflows FairValueOfGoldDeliveryAgreementInflows $1.44M USD 1 Quarter
Value of Gold Delivery Agreement outflows FairValueOfGoldDeliveryAgreementOutflows $-1.69M USD 2 Qtrs
Value of Gold Delivery Agreement outflows FairValueOfGoldDeliveryAgreementOutflows $-1.69M USD 1 Quarter
Net Income NetIncomeLoss $746.00K USD 2 Qtrs
Net Income NetIncomeLoss $746.00K USD 1 Quarter
Proceeds from sales of gold to pay expenses ProceedsFromSaleOfTrustAssetsToPayExpenses $12.00K USD 2 Qtrs
Proceeds from sales of gold to pay expenses ProceedsFromSaleOfTrustAssetsToPayExpenses $12.00K USD 1 Quarter
Net realized gain/(loss) from investment in gold sold to pay Sponsor fees GainLossOnSaleOfTrustAssetsToPayExpenses $1.00K USD 1 Quarter
Net realized gain/(loss) from investment in gold sold to pay Sponsor fees GainLossOnSaleOfTrustAssetsToPayExpenses $1.00K USD 2 Qtrs
Net realized (gain)/loss from Gold Delivery Agreement DerivativeGainLossOnDerivativeNet $-86.00K USD 1 Quarter
Net realized (gain)/loss from Gold Delivery Agreement DerivativeGainLossOnDerivativeNet $-86.00K USD 2 Qtrs
Net realized gain/(loss) from gold sold to cover Gold Delivery Provider fees GainLossOnSaleOfInvestments $39.00K USD 2 Qtrs
Net realized gain/(loss) from gold sold to cover Gold Delivery Provider fees GainLossOnSaleOfInvestments $39.00K USD 1 Quarter
Net change in unrealized (appreciation)/depreciation on investment in gold UnrealizedGainLossOnInvestments $812.00K USD 1 Quarter
Net change in unrealized (appreciation)/depreciation on investment in gold UnrealizedGainLossOnInvestments $812.00K USD 2 Qtrs
Increase/(Decrease) in accounts payable to Sponsor IncreaseDecreaseInAccountsPayableRelatedParties $8.00K USD 1 Quarter
Increase/(Decrease) in accounts payable to Sponsor IncreaseDecreaseInAccountsPayableRelatedParties $8.00K USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities - USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities - USD 2 Qtrs
Stockholders Equity 17 line items
Line Item Tag Value Unit Period
Net Assets - Opening Balance AssetsNet - USD Point-in-time
Net Assets - Opening Balance AssetsNet $27.30M USD Point-in-time
Creations StockIssuedDuringPeriodValueNewIssues $26.55M USD 2 Qtrs
Repurchase of stock StockRepurchasedDuringPeriodValue $1.00K USD 2 Qtrs
Issuance of stock StockIssuedDuringPeriodValueNewIssues $26.55M USD 2 Qtrs
Net investment loss NetInvestmentIncome $-20.00K USD 2 Qtrs
Net investment loss NetInvestmentIncome $-20.00K USD 1 Quarter
Net realized gain/(loss) from investment in gold sold to pay Sponsor fees GainLossOnSaleOfTrustAssetsToPayExpenses $1.00K USD 1 Quarter
Net realized gain/(loss) from investment in gold sold to pay Sponsor fees GainLossOnSaleOfTrustAssetsToPayExpenses $1.00K USD 2 Qtrs
Net realized gain/(loss) from Gold Delivery Agreement DerivativeGainLossOnDerivativeNet $-86.00K USD 1 Quarter
Net realized gain/(loss) from Gold Delivery Agreement DerivativeGainLossOnDerivativeNet $-86.00K USD 2 Qtrs
Net realized gain/(loss) from gold sold to cover Gold Delivery Provider fees GainLossOnSaleOfInvestments $39.00K USD 2 Qtrs
Net realized gain/(loss) from gold sold to cover Gold Delivery Provider fees GainLossOnSaleOfInvestments $39.00K USD 1 Quarter
Net change in unrealized appreciation/(depreciation) on investment in gold UnrealizedGainLossOnInvestments $812.00K USD 1 Quarter
Net change in unrealized appreciation/(depreciation) on investment in gold UnrealizedGainLossOnInvestments $812.00K USD 2 Qtrs
Net Assets - Closing Balance AssetsNet - USD Point-in-time
Net Assets - Closing Balance AssetsNet $27.30M USD Point-in-time

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

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