10-Q Filing

INVESCO CURRENCYSHARES EURO TRUST CIK: 1328598 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001564590-20-023062`
Period End Date	20200331
Filing Date	20200508
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	fxe-10q_20200331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 28 Income Statement 12 Cash Flow Statement 32 Stockholders Equity 12

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`	$254.41M	USD	Point-in-time
Redeemable Capital Shares, shares authorized	`TemporaryEquitySharesAuthorized`	146.50M	shares	Point-in-time
Redeemable Capital Shares, shares authorized	`TemporaryEquitySharesAuthorized`	146.50M	shares	Point-in-time
Euro deposits, interest bearing	`InterestBearingDepositsInBanks`	$271.52M	USD	Point-in-time
Subscriptions receivable	`SubscriptionsReceivable`	$20.75M	USD	Point-in-time
Subscriptions receivable	`SubscriptionsReceivable`	$15.96M	USD	Point-in-time
Redeemable Capital Shares, shares issued	`TemporaryEquitySharesIssued`	2.70M	shares	Point-in-time
Redeemable Capital Shares, shares issued	`TemporaryEquitySharesIssued`	2.65M	shares	Point-in-time
Total Assets	`Assets`	$275.17M	USD	Point-in-time
Redeemable Capital Shares, shares outstanding	`TemporaryEquitySharesOutstanding`	2.70M	shares	Point-in-time
Redeemable Capital Shares, shares outstanding	`TemporaryEquitySharesOutstanding`	2.65M	shares	Point-in-time
Total Assets	`Assets`	$287.48M	USD	Point-in-time
Accrued Sponsor's fee	`DueToRelatedPartiesCurrent`	$95.53K	USD	Point-in-time
Accrued Sponsor's fee	`DueToRelatedPartiesCurrent`	$84.97K	USD	Point-in-time
Accrued interest expense on currency deposits	`InterestPayableOnCurrencyDepositsCurrent`	$108.40K	USD	Point-in-time
Accrued interest expense on currency deposits	`InterestPayableOnCurrencyDepositsCurrent`	$121.13K	USD	Point-in-time
Total Liabilities	`Liabilities`	$216.66K	USD	Point-in-time
Total Liabilities	`Liabilities`	$193.37K	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, 146,500,000 authorized 2,650,000 and 2,700,000 issued and outstanding, respectively	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$274.97M	USD	Point-in-time
Redeemable Capital Shares, at redemption value, no par value, 146,500,000 authorized 2,650,000 and 2,700,000 issued and outstanding, respectively	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$287.26M	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`	$275.17M	USD	Point-in-time
Total Liabilities, Redeemable Capital Shares and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$287.48M	USD	Point-in-time

Income Statement 12 line items

Line Item	Tag	Value	Unit	Period
Sponsor's fee	`SponsorFees`	$241.69K	USD	1 Quarter
Sponsor's fee	`SponsorFees`	$269.45K	USD	1 Quarter
Interest Expense on currency deposits	`InterestExpense`	$342.94K	USD	1 Quarter
Interest Expense on currency deposits	`InterestExpense`	$248.57K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$490.26K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$612.39K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-490.26K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-612.39K	USD	1 Quarter
Basic and Diluted Earnings (Loss) per Share	`EarningsPerShareBasicAndDiluted`	$-0.24	USD	1 Quarter
Basic and Diluted Earnings (Loss) per Share	`EarningsPerShareBasicAndDiluted`	$-0.22	USD	1 Quarter
Weighted-average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.24M	shares	1 Quarter
Weighted-average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.58M	shares	1 Quarter

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-490.26K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-612.39K	USD	1 Quarter
Accrued Sponsors fee	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-10.56K	USD	1 Quarter
Accrued Sponsors fee	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-20.41K	USD	1 Quarter
Accrued interest expense	`IncreaseDecreaseInInterestPayableNet`	$-17.73K	USD	1 Quarter
Accrued interest expense	`IncreaseDecreaseInInterestPayableNet`	$-12.73K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-635.67K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-528.40K	USD	1 Quarter
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	70.96M	EUR	1 Quarter
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$43.28M	USD	1 Quarter
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$72.66M	USD	1 Quarter
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	261.60M	EUR	Annual
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	75.72M	EUR	1 Quarter
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$157.92M	USD	1 Quarter
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	281.02M	EUR	Annual
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$83.76M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-11.10M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-114.64M	USD	1 Quarter
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.00M	USD	1 Quarter
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.38M	USD	1 Quarter
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-17.11M	USD	1 Quarter
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-119.17M	USD	1 Quarter
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$219.70M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$254.41M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$338.88M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$271.52M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$219.70M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$254.41M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$338.88M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$271.52M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$355.67K	USD	1 Quarter
Cash paid for interest	`InterestPaid`	$266.30K	USD	1 Quarter

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$274.97M	USD	Point-in-time
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$287.26M	USD	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.70M	shares	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.65M	shares	Point-in-time
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-490.26K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-612.39K	USD	1 Quarter
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$490.26K	USD	1 Quarter
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$612.39K	USD	1 Quarter
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$274.97M	USD	Point-in-time
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$287.26M	USD	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.70M	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.