Item 8. Financial Statements and Supplementary Data
Item
8. Financial Statements and Supplementary Data (Unaudited)
Quarterly
Income Statements
Fiscal
year ended June 30, 2023
Three
months ended
Year
ended
(Amounts in 000’s of
US$, except for Share and per Share data)
September
30,
2022
December
31,
2022
March
31,
2023
June
30,
2023
June
30,
2023
EXPENSES
Sponsor’s
Fee
$ 54
$ 54
$ 57
$ 52
$ 217
Total expenses
54
54
57
52
217
Net investment loss
(54 )
(54 )
(57 )
(52 )
(217 )
REALIZED AND UNREALIZED GAINS / (LOSSES)
Realized gain/(loss) on platinum sold to pay
expenses
(10 )
(5 )
(2 )
- (1)
(17 )
Realized gain/(loss) on platinum distributed
for the redemption of Shares
(739 )
(4 )
(108 )
615
(236 )
Change in unrealized
gain / (loss) on investment in platinum
(1,426 )
9,176
(3,791 )
(2,820 )
1,139
Total gain / (loss)
on platinum
(2,175 )
9,167
(3,901 )
(2,205 )
886
Change in net assets
from operations
$ (2,229 )
$ 9,113
$ (3,958 )
$ (2,257 )
$ 669
Net increase / (decrease) in net assets per
Share
$ (0.45 )
$ 1.98
$ (0.84 )
$ (0.54 )
$ 0.15
Weighted average number of Shares (000’s)
4,904
4,603
4,731
4,138
4,595
(1)
Amounts
do not round to $1
31
Fiscal
year ended June 30, 2022
Three
months ended
Year
ended
(Amounts in 000’s of
US$, except for Share and per Share data)
September
30,
2021
December
31,
2021
March
31,
2022
June
30,
2022
June
30,
2022
EXPENSES
Sponsor’s
Fee
$ 46
$ 46
$ 56
$ 62
$ 210
Total expenses
46
46
56
62
210
Net investment loss
(46 )
(46 )
(56 )
(62 )
(210 )
REALIZED AND UNREALIZED GAINS / (LOSSES)
Realized gain/(loss) on platinum sold to pay
expenses
(4 )
- (1)
(3 )
(7 )
Realized gain/(loss) on platinum distributed
for the redemption of Shares
(13 )
(507 )
(520 )
Change in unrealized
gain / (loss) on investment in platinum
(3,381 )
(66 )
(20 )
(3,419 )
(6,886 )
Total gain / (loss)
on platinum
(3,381 )
(70 )
(33 )
(3,929 )
(7,413 )
Change in net assets
from operations
$ (3,427 )
$ (116 )
$ (89 )
$ (3,991 )
$ (7,623 )
Net increase / (decrease) in net assets per
Share
$ (0.95 )
$ (0.03 )
$ (0.02 )
$ (0.76 )
$ (1.78 )
Weighted average number of Shares (000’s)
3,605
3,760
4,492
5,286
4,282
(1)
Amounts
do not round to $1
Fiscal
year ended June 30, 2021
Three
months ended
Year
ended
(Amounts in 000’s of
US$, 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
32
Item
9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
None.
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