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Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
CASH FLOWS FROM OPERATING ACTIVITIES:      
Proceeds from sales of gold $ 17,758 $ 11,051 $ 8,680
Expenses - Sponsor's fees paid (17,758) (11,051) (8,680)
Net cash provided by operating activities         
Increase (decrease) in cash         
Cash, beginning of period         
Cash, end of period         
RECONCILIATION OF NET INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIES:      
Net income 258,847 32,297 60,970
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on gold distributed for the redemption of Shares (271,906) (39,711) (67,642)
Cost of gold sold to pay expenses 12,188 7,353 6,255
Increase in Sponsor's fees payable 871 61 417
Net cash provided by operating activities         
Supplemental disclosure of non-cash information:      
Carrying value of gold received for creation of Shares (Note 2B) 3,660,287 1,748,964 625,072
Carrying value of gold distributed for redemption of Shares, at average cost (Note 2B) $ (644,033) $ (88,442) $ (152,323)