abrdn Platinum ETF Trust 10-K

Item 8. Financial Statements and Supplementary Data (Unaudited) Quarterly Income Statements Year Ended December 31, 2020 Three months ended Year ended (Amounts in 000's of US$, except for Share and per Share data) March 31 June 30 September 30 December 31 December 31 EXPENSES Sponsor's Fee $ 995 $ 951 $ 1,470 $ 1,771 $ 5,187 Total expenses 995 951 1,470 1,771 5,187 Net investment loss (995 ) (951 ) (1,470 ) (1,771 ) (5,187 ) REALIZED AND UNREALIZED GAINS / (LOSSES) Realized gain on platinum transferred to pay expenses (50 ) (247 ) (112 ) (113 ) (522 ) Realized gain / (loss) on platinum distributed for the redemption of Shares (10,260 ) (2,457 ) (18 ) (574 ) (13,309 ) Change in unrealized gain on investment in platinum (153,802 ) 66,345 53,088 228,304 193,935 Total gain / (loss) on investment in platinum (164,112 ) 63,641 52,958 227,617 180,104 Change in net assets from operations $ (165,107 ) $ 62,690 $ 51,488 $ 225,846 $ 174,917 Net increase in net assets per Share $ (20.83 ) $ 7.38 $ 4.44 $ 17.12 $ 16.96 Weighted average number of Shares 7,925,275 8,489,011 11,590,217 13,195,652 10,311,475 Year Ended December 31, 2019 Three months ended Year ended (Amounts in 000's of US$, except for Share and per Share data) March 31 June 30 September 30 December 31 December 31 EXPENSES Sponsor's Fee $ 819 $ 849 $ 971 $ 1,066 $ 3,705 Total expenses 819 849 971 1,066 3,705 Net investment loss (819 ) (849 ) (971 ) (1,066 ) (3,705 ) REALIZED AND UNREALIZED GAINS / (LOSSES) Realized loss on platinum transferred to pay expenses (247 ) (196 ) (200 ) (128 ) (771 ) Realized loss on platinum distributed for the redemption of Shares (1,943 ) (8,084 ) (1,223 ) (3,672 ) (14,922 ) Change in unrealized gain / (loss) on investment in platinum 40,187 (10,875 ) 60,820 43,352 133,484 Total gain / (loss) on investment in platinum 37,997 (19,155 ) 59,397 39,552 117,791 Change in net assets from operations $ 37,178 $ (20,004 ) $ 58,426 $ 38,486 $ 114,086 Net increase / (decrease) in net assets per Share $ 5.26 $ (2.82 ) $ 7.44 $ 4.75 $ 15.14 Weighted average number of Shares 7,073,333 7,097,253 7,853,261 8,101,630 7,535,068 Note: Quarterly balances may not add to totals due to independent rounding. The financial statements required by Regulation S-X, together with the report of the Trust’s independent registered public accounting firm appear on pages F-1 to F-13 of this filing. 35 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure None.