10-Q Filing

INVESCO CURRENCYSHARES EURO TRUST CIK: 1328598 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001564590-22-028081`
Period End Date	20220630
Filing Date	20220805
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	fxe-10q_20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 26 Income Statement 40 Cash Flow Statement 34 Stockholders Equity 16

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`	$211.64M	USD	Point-in-time
Redeemable Capital Shares, shares issued	`TemporaryEquitySharesIssued`	2.25M	shares	Point-in-time
Redeemable Capital Shares, shares issued	`TemporaryEquitySharesIssued`	2.00M	shares	Point-in-time
Euro deposits, interest bearing	`InterestBearingDepositsInBanks`	$237.08M	USD	Point-in-time
Redeemable Capital Shares, shares outstanding	`TemporaryEquitySharesOutstanding`	2.00M	shares	Point-in-time
Redeemable Capital Shares, shares outstanding	`TemporaryEquitySharesOutstanding`	2.25M	shares	Point-in-time
Subscriptions receivable	`SubscriptionsReceivable`	$4.83M	USD	Point-in-time
Total Assets	`Assets`	$211.64M	USD	Point-in-time
Total Assets	`Assets`	$241.92M	USD	Point-in-time
Redemptions payable	`RedemptionsPayableCurrent`	$24.17M	USD	Point-in-time
Accrued Sponsor's fee	`DueToRelatedPartiesCurrent`	$79.93K	USD	Point-in-time
Accrued Sponsor's fee	`DueToRelatedPartiesCurrent`	$75.35K	USD	Point-in-time
Accrued interest expense on currency deposits	`InterestPayableOnCurrencyDepositsCurrent`	$131.75K	USD	Point-in-time
Accrued interest expense on currency deposits	`InterestPayableOnCurrencyDepositsCurrent`	$124.20K	USD	Point-in-time
Total Liabilities	`Liabilities`	$24.39M	USD	Point-in-time
Total Liabilities	`Liabilities`	$199.54K	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, 2,250,000 and 2,000,000 issued and outstanding, respectively	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$217.53M	USD	Point-in-time
Redeemable Capital Shares, at redemption value, no par value, 2,250,000 and 2,000,000 issued and outstanding, respectively	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$211.44M	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`	$241.92M	USD	Point-in-time
Total Liabilities, Redeemable Capital Shares and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$211.64M	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Interest Income	`InvestmentIncomeInterest`	-	USD	2 Qtrs
Interest Income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	-	USD	2 Qtrs
Total Income	`Revenues`	-	USD	1 Quarter
Total Income	`Revenues`	-	USD	1 Quarter
Total Income	`Revenues`	-	USD	2 Qtrs
Total Income	`Revenues`	-	USD	2 Qtrs
Sponsor's fee	`SponsorFees`	$424.37K	USD	2 Qtrs
Sponsor's fee	`SponsorFees`	$225.18K	USD	1 Quarter
Sponsor's fee	`SponsorFees`	$287.53K	USD	1 Quarter
Sponsor's fee	`SponsorFees`	$616.73K	USD	2 Qtrs
Interest Expense on currency deposits	`InterestExpense`	$371.18K	USD	1 Quarter
Interest Expense on currency deposits	`InterestExpense`	$474.08K	USD	1 Quarter
Interest Expense on currency deposits	`InterestExpense`	$699.53K	USD	2 Qtrs
Interest Expense on currency deposits	`InterestExpense`	$892.43K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$1.12M	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$761.61K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$596.36K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$1.51M	USD	2 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-596.36K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.12M	USD	2 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-761.61K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.51M	USD	2 Qtrs
Basic Earnings (Loss) per Share	`EarningsPerShareBasic`	$-0.55	USD	2 Qtrs
Basic Earnings (Loss) per Share	`EarningsPerShareBasic`	$-0.26	USD	1 Quarter
Basic Earnings (Loss) per Share	`EarningsPerShareBasic`	$-0.53	USD	2 Qtrs
Basic Earnings (Loss) per Share	`EarningsPerShareBasic`	$-0.30	USD	1 Quarter
Diluted Earnings (Loss) per Share	`EarningsPerShareDiluted`	$-0.30	USD	1 Quarter
Diluted Earnings (Loss) per Share	`EarningsPerShareDiluted`	$-0.26	USD	1 Quarter
Diluted Earnings (Loss) per Share	`EarningsPerShareDiluted`	$-0.53	USD	2 Qtrs
Diluted Earnings (Loss) per Share	`EarningsPerShareDiluted`	$-0.55	USD	2 Qtrs
Weighted-average Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.12M	shares	2 Qtrs
Weighted-average Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.76M	shares	2 Qtrs
Weighted-average Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.30M	shares	1 Quarter
Weighted-average Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.55M	shares	1 Quarter
Weighted-average Shares Outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.55M	shares	1 Quarter
Weighted-average Shares Outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.30M	shares	1 Quarter
Weighted-average Shares Outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.76M	shares	2 Qtrs
Weighted-average Shares Outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.12M	shares	2 Qtrs

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-596.36K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.12M	USD	2 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-761.61K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.51M	USD	2 Qtrs
Accrued Sponsors fee	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-14.88K	USD	2 Qtrs
Accrued Sponsors fee	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$4.58K	USD	2 Qtrs
Accrued interest expense	`IncreaseDecreaseInInterestPayableNet`	$7.55K	USD	2 Qtrs
Accrued interest expense	`IncreaseDecreaseInInterestPayableNet`	$16.69K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.51M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.11M	USD	2 Qtrs
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$113.46M	USD	2 Qtrs
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	154.38M	EUR	Annual
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$250.96M	USD	2 Qtrs
Proceeds from purchases of redeemable capital Shares	`ProceedsFromIssuanceOfRedeemablePreferredStock`	236.33M	EUR	2 Qtrs
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	213.16M	EUR	2 Qtrs
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$135.48M	USD	2 Qtrs
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	233.63M	EUR	Annual
Redemptions of redeemable capital Shares	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$207.26M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$43.70M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-22.02M	USD	2 Qtrs
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-10.26M	USD	2 Qtrs
Effect of exchange rate on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-17.15M	USD	2 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$25.44M	USD	2 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-33.79M	USD	2 Qtrs
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$237.08M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$293.98M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$327.76M	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$211.64M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$237.08M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$293.98M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$327.76M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$211.64M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$691.98K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$875.74K	USD	2 Qtrs

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$217.53M	USD	Point-in-time
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$211.44M	USD	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.00M	shares	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.25M	shares	Point-in-time
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-596.36K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.12M	USD	2 Qtrs
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-761.61K	USD	1 Quarter
Net Comprehensive Income (Loss)	`NetIncomeLoss`	$-1.51M	USD	2 Qtrs
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$596.36K	USD	1 Quarter
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$1.12M	USD	2 Qtrs
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$761.61K	USD	1 Quarter
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	`ReclassificationsOfTemporaryToPermanentEquity`	$1.51M	USD	2 Qtrs
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$217.53M	USD	Point-in-time
Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$211.44M	USD	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.00M	shares	Point-in-time
Balance, Shares	`TemporaryEquitySharesOutstanding`	2.25M	shares	Point-in-time

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