Silver Bullion Trust reported unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total income of $309 compared to $598 a year ago. Net loss from trust administration change in unrealized was $642,527 compared to $75,155 a year ago. Net loss and comprehensive loss inclusive of the change in unrealized appreciation/depreciation of holdings was $3,472,038 compared to net income and comprehensive income inclusive of the change in unrealized appreciation/depreciation of holdings of $2,754,673 a year ago.



For the six months period, the company reported total income of $759 compared to $1,191 a year ago. Net loss from trust administration change in unrealized was $756,818 compared to $155,567 a year ago. Net loss and comprehensive loss inclusive of the change in unrealized appreciation/depreciation of holdings was $1,608,866 compared to net income and comprehensive income inclusive of the change in unrealized appreciation/depreciation of holdings of $4,149,003 a year ago. Net cash used in operating activities was $397,841 compared to $152,339 a year ago.