10-Q Filing

INVESCO CURRENCYSHARES EURO TRUST CIK: 1328598 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001564590-20-051551`
Period End Date	20200930
Filing Date	20201106
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	fxe-10q_20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 27 Income Statement 32 Cash Flow Statement 34 Stockholders Equity 16

Balance Sheet 27 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`	$342.49M	USD	Point-in-time
Euro deposits, interest bearing	`InterestBearingDepositsInBanks`	$271.52M	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`	$15.96M	USD	Point-in-time
Redeemable Capital Shares, shares issued	`TemporaryEquitySharesIssued`	3.10M	shares	Point-in-time
Redeemable Capital Shares, shares issued	`TemporaryEquitySharesIssued`	2.70M	shares	Point-in-time
Redeemable Capital Shares, shares outstanding	`TemporaryEquitySharesOutstanding`	3.10M	shares	Point-in-time
Total Assets	`Assets`	$342.49M	USD	Point-in-time
Total Assets	`Assets`	$287.48M	USD	Point-in-time
Redeemable Capital Shares, shares outstanding	`TemporaryEquitySharesOutstanding`	2.70M	shares	Point-in-time
Accrued Sponsor's fee	`DueToRelatedPartiesCurrent`	$118.70K	USD	Point-in-time
Accrued Sponsor's fee	`DueToRelatedPartiesCurrent`	$95.53K	USD	Point-in-time
Accrued interest expense on currency deposits	`InterestPayableOnCurrencyDepositsCurrent`	$150.84K	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`	$269.54K	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 3,100,000 and 2,700,000 issued and outstanding, respectively	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$342.22M	USD	Point-in-time
Redeemable Capital Shares, at redemption value, no par value, 146,500,000 authorized 3,100,000 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`	$342.49M	USD	Point-in-time
Total Liabilities, Redeemable Capital Shares and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$287.48M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Interest Income	`InvestmentIncomeInterest`	-	USD	3 Qtrs
Interest Income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	-	USD	3 Qtrs
Interest Income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Total Income	`Revenues`	-	USD	3 Qtrs
Total Income	`Revenues`	-	USD	3 Qtrs
Total Income	`Revenues`	-	USD	1 Quarter
Total Income	`Revenues`	-	USD	1 Quarter
Sponsor's fee	`SponsorFees`	$318.13K	USD	1 Quarter
Sponsor's fee	`SponsorFees`	$820.84K	USD	3 Qtrs
Sponsor's fee	`SponsorFees`	$236.04K	USD	1 Quarter
Sponsor's fee	`SponsorFees`	$710.68K	USD	3 Qtrs
Interest Expense on currency deposits	`InterestExpense`	$404.68K	USD	1 Quarter
Interest Expense on currency deposits	`InterestExpense`	$239.41K	USD	1 Quarter
Interest Expense on currency deposits	`InterestExpense`	$1.04M	USD	3 Qtrs
Interest Expense on currency deposits	`InterestExpense`	$724.44K	USD	3 Qtrs
Total Expenses	`OperatingExpenses`	$722.81K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$1.87M	USD	3 Qtrs
Total Expenses	`OperatingExpenses`	$475.45K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$1.44M	USD	3 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.87M	USD	3 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-475.45K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-722.81K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.44M	USD	3 Qtrs
Basic and Diluted Earnings (Loss) per Share	`EarningsPerShareBasicAndDiluted`	$-0.72	USD	3 Qtrs
Basic and Diluted Earnings (Loss) per Share	`EarningsPerShareBasicAndDiluted`	$-0.25	USD	1 Quarter
Basic and Diluted Earnings (Loss) per Share	`EarningsPerShareBasicAndDiluted`	$-0.21	USD	1 Quarter
Basic and Diluted Earnings (Loss) per Share	`EarningsPerShareBasicAndDiluted`	$-0.65	USD	3 Qtrs
Weighted-average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.58M	shares	3 Qtrs
Weighted-average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.91M	shares	1 Quarter
Weighted-average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.22M	shares	1 Quarter
Weighted-average Shares Outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.21M	shares	3 Qtrs

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.87M	USD	3 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-475.45K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-722.81K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.44M	USD	3 Qtrs
Accrued Sponsors fee	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$23.17K	USD	3 Qtrs
Accrued Sponsors fee	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-19.58K	USD	3 Qtrs
Accrued interest expense	`IncreaseDecreaseInInterestPayableNet`	$-16.40K	USD	3 Qtrs
Accrued interest expense	`IncreaseDecreaseInInterestPayableNet`	$29.71K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.47M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.81M	USD	3 Qtrs
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$334.14M	USD	3 Qtrs
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	261.60M	EUR	Annual
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$192.25M	USD	3 Qtrs
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	278.45M	EUR	3 Qtrs
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$270.20M	USD	3 Qtrs
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$270.07M	USD	3 Qtrs
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	240.87M	EUR	3 Qtrs
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	281.02M	EUR	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$63.94M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-77.82M	USD	3 Qtrs
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-10.88M	USD	3 Qtrs
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.84M	USD	3 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-90.17M	USD	3 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$70.97M	USD	3 Qtrs
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$338.88M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$342.49M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$271.52M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$248.70M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$338.88M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$342.49M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$271.52M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$248.70M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$740.84K	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$1.01M	USD	3 Qtrs

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$342.22M	USD	Point-in-time
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$287.26M	USD	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	3.10M	shares	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.70M	shares	Point-in-time
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.87M	USD	3 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-475.45K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-722.81K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.44M	USD	3 Qtrs
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$475.45K	USD	1 Quarter
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$722.81K	USD	1 Quarter
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$1.44M	USD	3 Qtrs
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$1.87M	USD	3 Qtrs
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$342.22M	USD	Point-in-time
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$287.26M	USD	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	3.10M	shares	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.70M	shares	Point-in-time

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