10-Q Filing

INVESCO CURRENCYSHARES EURO TRUST CIK: 1328598 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001564590-20-037966`
Period End Date	20200630
Filing Date	20200807
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	fxe-10q_20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 28 Income Statement 24 Cash Flow Statement 34 Stockholders Equity 16

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`	$271.52M	USD	Point-in-time
Euro deposits, interest bearing	`InterestBearingDepositsInBanks`	$196.21M	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
Subscriptions receivable	`SubscriptionsReceivable`	$10.60M	USD	Point-in-time
Subscriptions receivable	`SubscriptionsReceivable`	$15.96M	USD	Point-in-time
Redeemable Capital Shares, shares issued	`TemporaryEquitySharesIssued`	1.95M	shares	Point-in-time
Redeemable Capital Shares, shares issued	`TemporaryEquitySharesIssued`	2.70M	shares	Point-in-time
Redeemable Capital Shares, shares outstanding	`TemporaryEquitySharesOutstanding`	2.70M	shares	Point-in-time
Total Assets	`Assets`	$287.48M	USD	Point-in-time
Redeemable Capital Shares, shares outstanding	`TemporaryEquitySharesOutstanding`	1.95M	shares	Point-in-time
Total Assets	`Assets`	$206.81M	USD	Point-in-time
Accrued Sponsor's fee	`DueToRelatedPartiesCurrent`	$95.53K	USD	Point-in-time
Accrued Sponsor's fee	`DueToRelatedPartiesCurrent`	$70.16K	USD	Point-in-time
Accrued interest expense on currency deposits	`InterestPayableOnCurrencyDepositsCurrent`	$89.20K	USD	Point-in-time
Accrued interest expense on currency deposits	`InterestPayableOnCurrencyDepositsCurrent`	$121.13K	USD	Point-in-time
Total Liabilities	`Liabilities`	$159.35K	USD	Point-in-time
Total Liabilities	`Liabilities`	$216.66K	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 1,950,000 and 2,700,000 issued and outstanding, respectively	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$206.65M	USD	Point-in-time
Redeemable Capital Shares, at redemption value, no par value, 146,500,000 authorized 1,950,000 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`	$287.48M	USD	Point-in-time
Total Liabilities, Redeemable Capital Shares and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$206.81M	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
Sponsor's fee	`SponsorFees`	$232.95K	USD	1 Quarter
Sponsor's fee	`SponsorFees`	$233.26K	USD	1 Quarter
Sponsor's fee	`SponsorFees`	$474.64K	USD	2 Qtrs
Sponsor's fee	`SponsorFees`	$502.71K	USD	2 Qtrs
Interest Expense on currency deposits	`InterestExpense`	$236.46K	USD	1 Quarter
Interest Expense on currency deposits	`InterestExpense`	$296.57K	USD	1 Quarter
Interest Expense on currency deposits	`InterestExpense`	$485.03K	USD	2 Qtrs
Interest Expense on currency deposits	`InterestExpense`	$639.51K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$959.67K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$1.14M	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$529.83K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$469.41K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-959.67K	USD	2 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-469.41K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-529.83K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.14M	USD	2 Qtrs
Basic and Diluted Earnings (Loss) per Share	`EarningsPerShareBasicAndDiluted`	$-0.43	USD	2 Qtrs
Basic and Diluted Earnings (Loss) per Share	`EarningsPerShareBasicAndDiluted`	$-0.24	USD	1 Quarter
Basic and Diluted Earnings (Loss) per Share	`EarningsPerShareBasicAndDiluted`	$-0.47	USD	2 Qtrs
Basic and Diluted Earnings (Loss) per Share	`EarningsPerShareBasicAndDiluted`	$-0.22	USD	1 Quarter
Weighted-average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.21M	shares	2 Qtrs
Weighted-average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.41M	shares	2 Qtrs
Weighted-average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.23M	shares	1 Quarter
Weighted-average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.17M	shares	1 Quarter

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-959.67K	USD	2 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-469.41K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-529.83K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.14M	USD	2 Qtrs
Accrued Sponsors fee	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-25.38K	USD	2 Qtrs
Accrued Sponsors fee	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-14.91K	USD	2 Qtrs
Accrued interest expense	`IncreaseDecreaseInInterestPayableNet`	$-11.47K	USD	2 Qtrs
Accrued interest expense	`IncreaseDecreaseInInterestPayableNet`	$-31.93K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.20M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-986.05K	USD	2 Qtrs
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$124.29M	USD	2 Qtrs
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	108.75M	EUR	2 Qtrs
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	261.60M	EUR	Annual
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$112.84M	USD	2 Qtrs
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	281.02M	EUR	Annual
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$198.10M	USD	2 Qtrs
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	179.64M	EUR	2 Qtrs
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$222.24M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-73.81M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-109.40M	USD	2 Qtrs
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-301.74K	USD	2 Qtrs
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-687.03K	USD	2 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-75.31M	USD	2 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-111.07M	USD	2 Qtrs
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$338.88M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$196.21M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$271.52M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$227.80M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$338.88M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$196.21M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$271.52M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$227.80M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$671.44K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$496.50K	USD	2 Qtrs

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$206.65M	USD	Point-in-time
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$287.26M	USD	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.70M	shares	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	1.95M	shares	Point-in-time
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-959.67K	USD	2 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-469.41K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-529.83K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.14M	USD	2 Qtrs
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$1.14M	USD	2 Qtrs
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$469.41K	USD	1 Quarter
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$529.83K	USD	1 Quarter
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$959.67K	USD	2 Qtrs
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$206.65M	USD	Point-in-time
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$287.26M	USD	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.70M	shares	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	1.95M	shares	Point-in-time

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