Item 8. Financial Statements and Supplementary Data
Item
8. Financial Statements and Supplementary Data (Unaudited)
Quarterly
Income Statements
Fiscal
year ended June 30, 2024
Three months ended
Year ended
(Amounts in 000’s of US$, except for Share and per Share data)
September 30,
2023
December 31,
2023
March 31,
2024
June 30,
2024
June 30,
2024
EXPENSES
Sponsor’s Fee
$ 47
$ 45
$ 45
$ 51
$ 188
Total expenses
47
45
45
51
188
Net investment loss
(47 )
(45 )
(45 )
(51 )
(188 )
REALIZED AND UNREALIZED GAINS / (LOSSES)
Realized gain/(loss) on platinum sold to pay expenses
(6 )
(6 )
(5 )
(3 )
(20 )
Realized gain/(loss) on platinum distributed for the redemption of Shares
(168 )
(44 )
-
1
(211 )
Change in unrealized gain / (loss) on investment in platinum
1,487
3,353
(3,875 )
4,222
5,187
Total gain / (loss) on platinum
1,313
3,303
(3,880 )
4,220
4,956
Change in net assets from operations
$ 1,266
$ 3,258
$ (3,925 )
$ 4,169
$ 4,768
Net increase / (decrease) in net assets per Share
$ 0.31
$ 0.80
$ (0.96 )
$ 0.98
$ 1.15
Weighted average number of Shares (000’s)
4,120
4,059
4,108
4,268
4,139
(1)
Amounts
do not round to $1
31
Fiscal
year ended June 30, 2023
Three
months ended
Year
ended
(Amounts
in 000’s of US$, 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 $1
Fiscal
year ended June 30, 2022
Three months ended
Year ended
(Amounts in 000’s of US$, 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
32
Item
9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
None.
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