Item 8. Financial Statements and Supplementary Data
Item
8. Financial Statements and Supplementary Data (Unaudited)
Quarterly
Income Statements
Year
Ended December 31, 2025
Three
months ended
(Amounts in 000’s of US$, except
for Share and per Share data)
March
31
June
30
September
30
December
31
Year ended
December
31
EXPENSES
Sponsor’s
Fee
$ 1,562
$ 1,825
$ 2,526
$ 3,276
$ 9,189
Total expenses
1,562
1,825
2,526
3,276
9,189
Net investment
loss
(1,562 )
(1,825 )
(2,526 )
(3,276 )
(9,189 )
REALIZED AND UNREALIZED GAINS / (LOSSES)
Realized gain on platinum transferred
to pay expenses
(28 )
31
587
857
1,447
Realized gain / (loss) on platinum distributed
for the redemption of Shares
6
(1,162 )
50,848
44,452
94,144
Change in unrealized gain / (loss) on
investment in
platinum
86,426
405,276
210,463
553,063
1,255,228
Total gain / (loss)
on investment in platinum
86,404
404,145
261,898
598,372
1,350,819
Change in net
assets from operations
$ 84,842
$ 402,320
$ 259,372
$ 595,096
$ 1,341,630
Net increase / (decrease) in net assets
per Share
$ 7.17
$ 33.47
$ 19.77
$ 42.63
$ 105.31
Weighted average number of Shares
11,835,000
12,018,681
13,120,109
13,959,783
12,740,274
34
Year
Ended December 31, 2024
Three
months ended
(Amounts in 000’s of US$, except
for Share and per Share data)
March
31
June
30
September
30
December
31
Year ended
December
31
EXPENSES
Sponsor’s
Fee
$
1,378
$
1,535
$
1,486
$
1,569
$
5,968
Total
expenses
1,378
1,535
1,486
1,569
5,968
Net investment
loss
(1,378 )
(1,535 )
(1,486 )
(1,569 )
(5,968 )
REALIZED AND UNREALIZED GAINS / (LOSSES)
Realized gain on platinum transferred
to pay expenses
(35 )
(11 )
16
35
5
Realized gain / (loss) on platinum distributed
for the redemption of Shares
(1,718 )
1,372
262
(1 )
(85 )
Change in unrealized gain / (loss) on
investment in
platinum
(90,173 )
107,553
(27,213 )
(78,803 )
(88,636 )
Total gain / (loss)
on investment in platinum
(91,926 )
108,914
(26,935 )
(78,769 )
(88,716 )
Change in net
assets from operations
$ (93,304 )
$ 107,379
$ (28,421 )
$ (80,338 )
$ (94,684 )
Net increase / (decrease) in net assets
per Share
$ (8.47 )
$ 9.50
$ (2.55 )
$ (6.79 )
$ (8.36 )
Weighted average number of Shares
11,015,385
11,297,253
11,139,674
11,830,978
11,321,721
Note:
Quarterly balances may not add to totals due to independent rounding.
35
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.
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.