abrdn Platinum ETF Trust
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
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Item 8. Financial Statements and Supplementary Data
Item 8. Financial Statements and Supplementary Data*(Unaudited)*
Quarterly Income Statements
| Year Ended December 31, 2023 | |||||
|---|---|---|---|---|---|
| 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 | $1,512 | $1,459 | $1,432 | $1,369 | $5,772 |
| Total expenses | 1,512 | 1,459 | 1,432 | 1,369 | 5,772 |
| Net investment loss | (1,512) | (1,459) | (1,432) | (1,369) | (5,772) |
| REALIZED AND UNREALIZED GAINS / (LOSSES) | |||||
| Realized gain / (loss) on platinum transferred to pay expenses | 74 | 83 | (35) | (116) | 6 |
| Realized gain / (loss) on platinum distributed for the redemption of Shares | 4,770 | 4,630 | (326) | (1,010) | 8,064 |
| Change in unrealized gain / (loss) on investment in platinum | (55,538) | (86,275) | 28,301 | 78,410 | (35,102) |
| Total gain / (loss) on investment in platinum | (50,694) | (81,562) | 27,940 | 77,284 | (27,032) |
| Change in net assets from operations | $(52,206) | $(83,021) | $26,508 | $75,915 | $(32,804) |
| Net increase / (decrease) in net assets per Share | $(4.73) | $(7.85) | $2.47 | $7.08 | $(3.05) |
| Weighted average number of Shares | 11,042,778 | 10,569,780 | 10,728,261 | 10,717,391 | 10,763,562 |
Year Ended December 31, 2022
| Three months ended · Year ended | |||||
|---|---|---|---|---|---|
| (Amounts in 000’s of US$, except for Share and per Share data) | March 31 | June 30 | September 30 | December 31 | December 31 |
| EXPENSES | |||||
| Sponsor’s Fee | $1,743 | $1,716 | $1,525 | $1,572 | $6,556 |
| Total expenses | 1,743 | 1,716 | 1,525 | 1,572 | 6,556 |
| Net investment loss | (1,743) | (1,716) | (1,525) | (1,572) | (6,556) |
| REALIZED AND UNREALIZED GAINS / (LOSSES) | |||||
| Realized gain / (loss) on platinum transferred to pay expenses | 56 | 34 | (99) | (79) | (88) |
| Realized gain/ (loss) on platinum distributed for the redemption of Shares | 2,890 | 66 | (9,466) | 82 | (6,428) |
| Change in unrealized gain / (loss) on investment in platinum | 24,158 | (89,400) | (38,627) | 180,404 | 76,535 |
| Change in unrealized gain / (loss) on unsettled creations or redemptions | — | — | (9) | 9 | — |
| Total gain / (loss) on investment in platinum | 27,104 | (89,300) | (48,201) | 180,416 | 70,019 |
| Change in net assets from operations | $25,361 | $(91,016) | $(49,726) | $178,844 | $63,463 |
| Net increase / (decrease) in net assets per Share | $2.02 | $(7.12) | $(4.12) | $15.54 | $5.19 |
| Weighted average number of Shares | 12,556,667 | 12,782,967 | 12,060,326 | 11,509,239 | 12,223,973 |
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.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.