Item 8. Financial Statements and Supplementary Data
Item
8. Financial Statements and Supplementary Data (Unaudited)
Quarterly
Income Statements
Fiscal
year ended June 30, 2021
Three months ended
Year ended
(Amounts in 000’s of US$, except for Share and per Share data)
September 30,
2020
December 31,
2020
March 31,
2021
June 30,
2021
June 30,
2021
EXPENSES
Sponsor’s Fee
$ 16
$ 21
$ 41
$ 52
$ 130
Total expenses
16
21
41
52
130
Net investment loss
(16 )
(21 )
(41 )
(52 )
(130 )
REALIZED AND UNREALIZED GAINS / (LOSSES)
Realized gain/(loss) on platinum sold to pay expenses
-
- (1)
4
7
11
Realized gain/(loss) on platinum distributed for the redemption of Shares
-
(23 )
- (1)
- (1)
(23 )
Change in unrealized gain / (loss) on investment in platinum
441
3,356
2,015
(4,360 )
1,452
Total gain / (loss) on platinum
441
3,333
2,019
(4,353 )
1,440
Change in net assets from operations
$ 425
$ 3,312
$ 1,978
$ (4,405 )
$ 1,310
Net increase / (decrease) in net assets per Share
$ 0.29
$ 1.87
$ 0.67
$ (1.22 )
$ 0.54
Weighted average number of Shares (000’s)
1,449
1,765
2,940
3,600
2,443
(1)
Amounts do not round to $1
30
Fiscal
year ended June 30, 2020
Three
months ended
Year
ended
(Amounts in
000’s of US$, except for Share and per Share data)
September
30,
2019
December
31,
2019
March
31,
2020
June
30,
2020
June
30,
2020
EXPENSES
Sponsor’s
Fee
$
6
$
9
$
12
$
10
$
37
Total expenses
6
9
12
10
37
Net investment loss
(6
)
(9
)
(12
)
(10
)
(37
)
REALIZED AND UNREALIZED GAINS / (LOSSES)
Realized gain/(loss) on platinum sold to pay expenses
-
(1)
-
(1)
-
(1)
(2
)
(3
)
Realized gain/(loss) on platinum distributed for the
redemption of Shares
-
(719
)
(80
)
(799
)
Change in unrealized
gain / (loss) on investment in platinum
421
579
(2,333
)
931
(402
)
Total gain / (loss) on
platinum
421
579
(3,052
)
849
(1,204
)
Change in net assets
from operations
$
415
$
570
$
(3,064
)
$
839
$
(1,241
)
Net increase / (decrease) in net assets per Share
$
0.74
$
0.76
$
(2.71
)
$
0.81
$
(1.43
)
Weighted average number of Shares (‘000s)
559
747
1,131
1,041
868
(1)
Amounts do not round to $1
31
Fiscal
year ended June 30, 2019
Three months ended
Year ended
(Amounts in 000’s of US$, except for Share and per Share data)
September 30,
2018
December 31,
2018
March 31,
2019
June 30,
2019
June 30,
2019
EXPENSES
Sponsor’s Fee
$ 4
$ 5
$ 4
$ 5
$ 18
Total expenses
4
5
4
5
18
Net investment loss
(4 )
(5 )
(4 )
(5 )
(18 )
REALIZED AND UNREALIZED GAINS / (LOSSES)
Realized gain/(loss) on platinum sold to pay expenses
(1 )
(1 )
(1 )
(- )
(3 )
Realized gain/(loss) on platinum distributed for the redemption of Shares
Change in unrealized gain / (loss) on investment in platinum
(161 )
(93 )
251
(142 )
(145 )
Total gain / (loss) on platinum
(162 )
(94 )
250
(142 )
(148 )
Change in net assets from operations
$ (166 )
$ (99 )
$ 246
$ (147 )
$ (166 )
Net increase / (decrease) in net assets per Share (1)
$ (0.37 )
$ (0.22 )
$ 0.55
$ (0.33 )
$ (0.37 )
Weighted average number of Shares (‘000s) (1)
450
450
450
450
450
(1)
Adjusted for effect of stock split. The stock split was effective
on March 21, 2019. See Note 1 to the Financial Statements.
Item
9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
None.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.