2013 Q4 Form 10-K Financial Statement
#000119312514080629 Filed on March 03, 2014
Income Statement
Concept | 2013 Q4 | 2013 | 2012 Q4 |
---|---|---|---|
Revenue | |||
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | |||
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $14.58M | ||
YoY Change | -17.42% | ||
Operating Profit | -$13.74M | ||
YoY Change | |||
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | |||
YoY Change | |||
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$57.06M | -$223.3M | -$94.28M |
YoY Change | -39.47% | 263.41% | |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$1.04 | -$3.69 | -$1.52 |
Diluted Earnings Per Share | |||
COMMON SHARES | |||
Basic Shares Outstanding | |||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2013 Q4 | 2013 | 2012 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $45.30M | $219.8M | |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | |||
YoY Change | |||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | |||
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | |||
Total Long-Term Assets | |||
Total Assets | $1.547B | $1.668B | |
YoY Change | -7.24% | -18.52% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | |||
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | |||
YoY Change | |||
LONG-TERM LIABILITIES | |||
Long-Term Debt | |||
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | |||
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | |||
Total Long-Term Liabilities | |||
Total Liabilities | $328.6M | $6.866M | |
YoY Change | 4686.13% | -47.4% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | |||
YoY Change | |||
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $318.0M | ||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.219B | $1.661B | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.547B | $1.668B | |
YoY Change | -7.24% | -18.52% |
Cashflow Statement
Concept | 2013 Q4 | 2013 | 2012 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$57.06M | -$223.3M | -$94.28M |
YoY Change | -39.47% | 263.41% | |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | $40.67M | ||
YoY Change | -87.54% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | |||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $215.1M | ||
YoY Change | -32.24% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -215.1M | ||
YoY Change | -32.24% | ||
NET CHANGE | |||
Cash From Operating Activities | 40.67M | ||
Cash From Investing Activities | |||
Cash From Financing Activities | -215.1M | ||
Net Change In Cash | -174.5M | ||
YoY Change | -2070.34% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | $40.67M | ||
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2014Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
48400000 | shares |
CY2013Q2 | dei |
Entity Public Float
EntityPublicFloat
|
1528860000 | |
CY2013Q3 | us-gaap |
Assets Held In Trust
AssetsHeldInTrust
|
0 | |
CY2010Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2712709208 | |
CY2010Q4 | dba |
Market Value Per Share
MarketValuePerShare
|
32.35 | |
CY2010Q4 | dba |
Shares Asset Value Per Share
SharesAssetValuePerShare
|
32.37 | |
CY2011Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2034308548 | |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
210907413 | |
CY2011Q4 | dba |
Market Value Per Share
MarketValuePerShare
|
28.88 | |
CY2011Q4 | dba |
Shares Asset Value Per Share
SharesAssetValuePerShare
|
28.81 | |
CY2012Q4 | us-gaap |
General Partners Capital Account Units Outstanding
GeneralPartnersCapitalAccountUnitsOutstanding
|
40 | shares |
CY2012Q4 | us-gaap |
Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
|
59400000 | shares |
CY2012Q4 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
1244355 | |
CY2012Q4 | us-gaap |
Commissions Payable To Broker Dealers And Clearing Organizations
CommissionsPayableToBrokerDealersAndClearingOrganizations
|
204 | |
CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1661283641 | |
CY2012Q4 | us-gaap |
Limited Partners Capital Account
LimitedPartnersCapitalAccount
|
1661282522 | |
CY2012Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
||
CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1668149214 | |
CY2012Q4 | us-gaap |
Liabilities
Liabilities
|
6865573 | |
CY2012Q4 | us-gaap |
General Partners Capital Account
GeneralPartnersCapitalAccount
|
1119 | |
CY2012Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
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CY2012Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
59244096 | |
CY2012Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
|
36045911 | |
CY2012Q4 | us-gaap |
Good Faith And Margin Deposits With Broker Dealers
GoodFaithAndMarginDepositsWithBrokerDealers
|
1662528200 | |
CY2012Q4 | us-gaap |
Restricted Investments
RestrictedInvestments
|
98465174 | |
CY2012Q4 | us-gaap |
Assets
Assets
|
1668149214 | |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
219761621 | |
CY2012Q4 | us-gaap |
Investment Owned Unrecognized Unrealized Appreciation Depreciation Net
InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNet
|
-23198185 | |
CY2012Q4 | us-gaap |
Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
|
1465964764 | |
CY2012Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | |
CY2012Q4 | us-gaap |
Investment Owned Underlying Face Amount At Market Value
InvestmentOwnedUnderlyingFaceAmountAtMarketValue
|
1900000000 | |
CY2012Q4 | dba |
Market Value Per Share
MarketValuePerShare
|
27.95 | |
CY2012Q4 | dba |
General Shares Assets Value Per Share
GeneralSharesAssetsValuePerShare
|
27.98 | |
CY2012Q4 | dba |
Shares Asset Value Per Share
SharesAssetValuePerShare
|
27.97 | |
CY2012Q4 | dba |
Payable For Shares Redeemed
PayableForSharesRedeemed
|
5621014 | |
CY2012Q4 | dba |
Deposits With Transfer Agent For Shares Redeemed
DepositsWithTransferAgentForSharesRedeemed
|
5621014 | |
CY2013Q4 | us-gaap |
General Partners Capital Account Units Outstanding
GeneralPartnersCapitalAccountUnitsOutstanding
|
40 | shares |
CY2013Q4 | us-gaap |
Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
|
50200000 | shares |
CY2013Q4 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
933883 | |
CY2013Q4 | us-gaap |
Commissions Payable To Broker Dealers And Clearing Organizations
CommissionsPayableToBrokerDealersAndClearingOrganizations
|
562 | |
CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1218756970 | |
CY2013Q4 | us-gaap |
Limited Partners Capital Account
LimitedPartnersCapitalAccount
|
1218755999 | |
CY2013Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
||
CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1547352039 | |
CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
328595069 | |
CY2013Q4 | us-gaap |
General Partners Capital Account
GeneralPartnersCapitalAccount
|
971 | |
CY2013Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
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CY2013Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
51385902 | |
CY2013Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
|
10520251 | |
CY2013Q4 | us-gaap |
Good Faith And Margin Deposits With Broker Dealers
GoodFaithAndMarginDepositsWithBrokerDealers
|
1537352117 | |
CY2013Q4 | us-gaap |
Restricted Investments
RestrictedInvestments
|
62577522 | |
CY2013Q4 | us-gaap |
Assets
Assets
|
1547352039 | |
CY2013Q4 | us-gaap |
Investment Owned Underlying Face Amount At Market Value
InvestmentOwnedUnderlyingFaceAmountAtMarketValue
|
1600000000 | |
CY2013Q4 | dba |
Payables For Securities Purchased
PayablesForSecuritiesPurchased
|
317947751 | |
CY2013Q4 | dba |
Market Value Per Share
MarketValuePerShare
|
24.25 | |
CY2013Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | |
CY2013Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
318000000 | |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
45303391 | |
CY2013Q4 | us-gaap |
Investment Owned Unrecognized Unrealized Appreciation Depreciation Net
InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNet
|
-40865651 | |
CY2013Q4 | us-gaap |
Assets Held In Trust
AssetsHeldInTrust
|
0 | |
CY2013Q4 | us-gaap |
Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
|
1532914377 | |
CY2013Q4 | dba |
General Shares Assets Value Per Share
GeneralSharesAssetsValuePerShare
|
24.28 | |
CY2013Q4 | dba |
Receivable For Securities Sold
ReceivableForSecuritiesSold
|
9999922 | |
CY2013Q4 | dba |
Shares Asset Value Per Share
SharesAssetValuePerShare
|
24.28 | |
CY2013Q4 | dba |
Payable For Shares Redeemed
PayableForSharesRedeemed
|
9712873 | |
CY2011 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
520484531 | |
CY2011 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-331252321 | |
CY2011 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
174611080 | |
CY2011 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
2132801 | |
CY2011 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
12137574995 | |
CY2011 | us-gaap |
Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
|
678400660 | |
CY2011 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-505863401 | |
CY2011 | us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
174541993 | |
CY2011 | us-gaap |
Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
|
-78661 | |
CY2011 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
-26045401 | |
CY2011 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-357297722 | |
CY2011 | us-gaap |
Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
|
69087 | |
CY2011 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
2228629252 | |
CY2011 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
321102938 | |
CY2011 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1919052134 | |
CY2011 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-505784740 | |
CY2011 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-309577118 | |
CY2011 | us-gaap |
Floor Brokerage Exchange And Clearance Fees
FloorBrokerageExchangeAndClearanceFees
|
2181563 | |
CY2011 | us-gaap |
Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
|
-42559235 | |
CY2011 | us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
-2134815 | |
CY2011 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
210907413 | |
CY2011 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-2032 | |
CY2011 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-309912 | |
CY2011 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1919052134 | |
CY2011 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
2240155072 | |
CY2011 | us-gaap |
Distributed Earnings
DistributedEarnings
|
0 | |
CY2011 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
12554568928 | |
CY2011 | us-gaap |
Asset Management Costs
AssetManagementCosts
|
25996639 | |
CY2011 | us-gaap |
Operating Expenses
OperatingExpenses
|
28178202 | |
CY2011 | dba |
Net Investment Income Loss Per Share
NetInvestmentIncomeLossPerShare
|
-0.28 | |
CY2011 | dba |
Return At Net Asset Value
ReturnAtNetAssetValue
|
-0.1100 | pure |
CY2011 | dba |
Average Net Assets To Net Investment Income Loss
AverageNetAssetsToNetInvestmentIncomeLoss
|
-0.0085 | pure |
CY2011 | dba |
Net Assets Value Increase Decrease Per Share
NetAssetsValueIncreaseDecreasePerShare
|
-3.56 | |
CY2011 | dba |
Gain Loss On Investments Per Share
GainLossOnInvestmentsPerShare
|
-3.28 | |
CY2011 | dba |
Return At Market Value
ReturnAtMarketValue
|
-0.1073 | pure |
CY2011 | dba |
Average Net Assets To Expenses
AverageNetAssetsToExpenses
|
0.0092 | pure |
CY2011 | dba |
Average Charges Paid To Broker Per Round Turn Trade Maximum
AverageChargesPaidToBrokerPerRoundTurnTradeMaximum
|
10.00 | |
CY2013 | dei |
Trading Symbol
TradingSymbol
|
DBA | |
CY2013 | dei |
Entity Registrant Name
EntityRegistrantName
|
POWERSHARES DB AGRICULTURE FUND | |
CY2013 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2013 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2013 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
CY2013 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | |
CY2013 | dei |
Document Type
DocumentType
|
10-K | |
CY2013 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-12-31 | |
CY2013 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001383082 | |
CY2013 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
Yes | |
CY2013 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2013 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2013 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2013 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <p style="margin-top:18px;margin-bottom:0px"><font style="font-family:Times New Roman" size="2"><b>(2) Fund Investment Overview</b></font></p> <p style="margin-top:6px;margin-bottom:0px; text-indent:4%;padding-bottom:0px;"> <font style="font-family:Times New Roman" size="2">The Fund invests with a view to tracking the changes, whether positive or negative, in the level of the DBIQ Diversified Agriculture Index Excess Return</font><font style="font-family:Times New Roman" size="1"><sup style="vertical-align:baseline; position:relative; bottom:.8ex">TM</sup></font><font style="font-family:Times New Roman" size="2">(the “Index”) over time, plus the excess, if any, of the Fund’s interest income from its holdings of United States Treasury Obligations and other high credit quality short-term fixed income securities over the expenses of the Fund.</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">The Index is intended to reflect the change in market value of the agricultural sector. The commodities comprising the Index are Corn, Soybeans, Wheat, Kansas City Wheat, Sugar, Cocoa, Coffee, Cotton, Live Cattle, Feeder Cattle and Lean Hogs (each an “Index Commodity”, and collectively, the “Index Commodities”).</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">The CFTC and/or commodity exchanges, as applicable, impose position limits on market participants trading in all eleven commodities included in the Index. The Index is comprised of futures contracts on each of the Index Commodities that expire in a specific month and trade on a specific exchange (the “Index Contracts”). As disclosed in the Fund’s Prospectus, if the Managing Owner determines in its commercially reasonable judgment that it has become impracticable or inefficient for any reason for the Fund to gain full or partial exposure to any Index Commodity by investing in a specific Index Contract, the Fund may invest in a futures contract referencing the particular Index Commodity other than the Index Contract or, in the alternative, invest in other futures contracts not based on the particular Index Commodity if, in the commercially reasonable judgment of the Managing Owner, such futures contracts tend to exhibit trading prices that correlate with such Index Commodity. Because the Fund is approaching or has reached position limits with respect to certain futures contracts comprising the Index, the Fund has commenced investing in other futures contracts based on commodities that comprise the Fund’s Index and in futures contracts based on commodities other than commodities that comprise the Fund’s Index.</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">The Fund also holds United States Treasury Obligations and other high credit quality short-term fixed income securities for deposit with the Fund’s commodity broker as margin.</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">The Fund reached its position limits with respect to its futures contracts for Lean Hogs prior to January 2, 2013 and remained subject to such limits through January 8, 2013. The Fund was also subject to these position limits for the periods from February 5, 2013 through February 8, 2013 and February 20, 2013 through March 7, 2013. During each of these periods, the Fund established positions in the next to expire futures contracts for Lean Hogs as proxies and in lieu of the positions as provided by the Index during the corresponding time periods.</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">The Fund does not borrow money to increase leverage. As of December 31, 2013 and, 2012, the Fund had $1,537,352,117 (or 99.4%) and $1,662,528,200 (or 99.66%), respectively, of its holdings of cash, United States Treasury Obligations and unrealized appreciation/depreciation on futures contracts on deposit with its Commodity Broker. Of this, $62,577,522 (or 4.07%) and $98,465,174 (or 5.92%), respectively, of the Fund’s holdings of cash and United States Treasury Obligations are required to be deposited as margin in support of the Fund’s long futures positions. For additional information, please see the audited Schedule of Investments as of December 31, 2013 and 2012 for details of the Fund’s portfolio holdings.</font></p> <p style="font-size:1px;margin-top:12px;margin-bottom:0px">  </p> <p style="margin-top:0px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">DBIQ™, DBLCI™, and Deutsche Bank Liquid Commodity Index™ are trademarks of Deutsche Bank AG London (the “Index Sponsor”). Trademark applications in the United States are pending with respect to both the Trust and aspects of the Index. Any use of these trademarks must be with the consent of or under license from the Index Sponsor. The Trust, the Fund and the Managing Owner have been licensed by the Index Sponsor to use the above noted trademarks. The Index Sponsor is an affiliate of the Trust, the Fund and the Managing Owner.</font></p> </div> | |
CY2013 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
40673256 | |
CY2013 | us-gaap |
Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
|
200000 | shares |
CY2013 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%; MARGIN-TOP: 18px"> <font style="FONT-FAMILY: Times New Roman" size="2"><b><i>(b) Use of Estimates</i></b></font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">The preparation of the financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, revenues and expenses and related disclosure of contingent assets and liabilities during the reporting period of the financial statements and accompanying notes. Actual results could differ from those estimates. There were no significant estimates used in the preparation of these financial statements.</font></p> </div> | |
CY2013 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-209559137 | |
CY2013 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
-191831954 | |
CY2013 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
839600 | |
CY2013 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
6107198269 | |
CY2013 | us-gaap |
Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
|
442526671 | |
CY2013 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-17727183 | |
CY2013 | us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
-191843053 | |
CY2013 | us-gaap |
Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
|
-59717 | |
CY2013 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
-13744189 | |
CY2013 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-223303326 | |
CY2013 | us-gaap |
Increase Decrease In Cash Collateral For Borrowed Securities
IncreaseDecreaseInCashCollateralForBorrowedSecurities
|
40865651 | |
CY2013 | us-gaap |
Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
|
11099 | |
CY2013 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
546709979 | |
CY2013 | us-gaap |
Increase Decrease In Client Funds Held
IncreaseDecreaseInClientFundsHeld
|
-5621014 | |
CY2013 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
219223345 | |
CY2013 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
331578493 | |
CY2013 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-17667466 | |
CY2013 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-215131486 | |
CY2013 | us-gaap |
Floor Brokerage Exchange And Clearance Fees
FloorBrokerageExchangeAndClearanceFees
|
1421170 | |
CY2013 | us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
-839995 | |
CY2013 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-174458230 | |
CY2013 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
358 | |
CY2013 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-310472 | |
CY2013 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
331578493 | |
CY2013 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
550801838 | |
CY2013 | us-gaap |
Distributed Earnings
DistributedEarnings
|
0 | |
CY2013 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
6348987862 | |
CY2013 | us-gaap |
Asset Management Costs
AssetManagementCosts
|
13162619 | |
CY2013 | us-gaap |
Operating Expenses
OperatingExpenses
|
14583789 | |
CY2013 | dba |
Net Investment Income Loss Per Share
NetInvestmentIncomeLossPerShare
|
-0.23 | |
CY2013 | dba |
Return At Net Asset Value
ReturnAtNetAssetValue
|
-0.1319 | pure |
CY2012 | us-gaap |
Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
|
86318 | |
CY2013 | dba |
Commodities Included In Index
CommoditiesIncludedInIndex
|
11 | Comodity |
CY2013 | dba |
Average Net Assets To Net Investment Income Loss
AverageNetAssetsToNetInvestmentIncomeLoss
|
-0.0089 | pure |
CY2013 | dba |
Management Fee Per Annum Of Daily Net Assets
ManagementFeePerAnnumOfDailyNetAssets
|
0.0085 | pure |
CY2013 | dba |
Net Assets Value Increase Decrease Per Share
NetAssetsValueIncreaseDecreasePerShare
|
-3.69 | |
CY2013 | dba |
Number Of Shares Issued Per Basket
NumberOfSharesIssuedPerBasket
|
200000 | shares |
CY2013 | dba |
Gain Loss On Investments Per Share
GainLossOnInvestmentsPerShare
|
-3.46 | |
CY2013 | dba |
Return At Market Value
ReturnAtMarketValue
|
-0.1324 | pure |
CY2013 | dba |
Average Net Assets To Expenses
AverageNetAssetsToExpenses
|
0.0094 | pure |
CY2013 | dba |
Average Charges Paid To Broker Per Round Turn Trade Maximum
AverageChargesPaidToBrokerPerRoundTurnTradeMaximum
|
10.00 | |
CY2013 | dba |
Treasury Stock Payable
TreasuryStockPayable
|
317947751 | |
CY2013 | dba |
Percentage Of Assets Held By Broker
PercentageOfAssetsHeldByBroker
|
0.9940 | pure |
CY2013 | dba |
Percentage Of Holdings Considered Restricted
PercentageOfHoldingsConsideredRestricted
|
0.0407 | pure |
CY2013 | dba |
Minimum Number Of Baskets Of Shares That Can Be Purchased
MinimumNumberOfBasketsOfSharesThatCanBePurchased
|
1 | Basket |
CY2013 | dba |
Minimum Number Of Baskets Of Shares That Can Be Redeemed
MinimumNumberOfBasketsOfSharesThatCanBeRedeemed
|
1 | Basket |
CY2012 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
326336596 | |
CY2012 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-44988375 | |
CY2012 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
-157297352 | |
CY2012 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
1201070 | |
CY2012 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
6958265186 | |
CY2012 | us-gaap |
Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
|
373024907 | |
CY2012 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
112308977 | |
CY2012 | us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
-157308710 | |
CY2012 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
-16458950 | |
CY2012 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-61447325 | |
CY2012 | us-gaap |
Increase Decrease In Cash Collateral For Borrowed Securities
IncreaseDecreaseInCashCollateralForBorrowedSecurities
|
23198185 | |
CY2012 | us-gaap |
Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
|
11358 | |
CY2012 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
595610034 | |
CY2012 | us-gaap |
Increase Decrease In Client Funds Held
IncreaseDecreaseInClientFundsHeld
|
5621014 | |
CY2012 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
311577582 | |
CY2012 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
278127646 | |
CY2012 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
112222659 | |
CY2012 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-317482388 | |
CY2012 | us-gaap |
Floor Brokerage Exchange And Clearance Fees
FloorBrokerageExchangeAndClearanceFees
|
1457657 | |
CY2012 | us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
-1202371 | |
CY2012 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
8854208 | |
CY2012 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-3557 | |
CY2012 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-279171 | |
CY2012 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
278127646 | |
CY2012 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
589705228 | |
CY2012 | us-gaap |
Distributed Earnings
DistributedEarnings
|
0 | |
CY2012 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
7465475555 | |
CY2012 | us-gaap |
Asset Management Costs
AssetManagementCosts
|
16202363 | |
CY2012 | us-gaap |
Operating Expenses
OperatingExpenses
|
17660020 | |
CY2012 | dba |
Net Investment Income Loss Per Share
NetInvestmentIncomeLossPerShare
|
-0.25 | |
CY2012 | dba |
Return At Net Asset Value
ReturnAtNetAssetValue
|
-0.0292 | pure |
CY2012 | dba |
Average Net Assets To Net Investment Income Loss
AverageNetAssetsToNetInvestmentIncomeLoss
|
-0.0086 | pure |
CY2012 | dba |
Net Assets Value Increase Decrease Per Share
NetAssetsValueIncreaseDecreasePerShare
|
-0.84 | |
CY2012 | dba |
Gain Loss On Investments Per Share
GainLossOnInvestmentsPerShare
|
-0.59 | |
CY2012 | dba |
Return At Market Value
ReturnAtMarketValue
|
-0.0322 | pure |
CY2012 | dba |
Average Net Assets To Expenses
AverageNetAssetsToExpenses
|
0.0093 | pure |
CY2012 | dba |
Average Charges Paid To Broker Per Round Turn Trade Maximum
AverageChargesPaidToBrokerPerRoundTurnTradeMaximum
|
10.00 | |
CY2012 | dba |
Percentage Of Assets Held By Broker
PercentageOfAssetsHeldByBroker
|
0.9966 | pure |
CY2012 | dba |
Percentage Of Holdings Considered Restricted
PercentageOfHoldingsConsideredRestricted
|
0.0592 | pure |
CY2013Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.05 | |
CY2013Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-122827927 | |
CY2013Q1 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
316424 | |
CY2013Q1 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
28727144 | |
CY2013Q1 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
-3461475 | |
CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-126289402 | |
CY2012Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.70 | |
CY2012Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-45055549 | |
CY2012Q1 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
130631 | |
CY2012Q1 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
-60776964 | |
CY2012Q1 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
-4544422 | |
CY2012Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-49599971 | |
CY2012Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.03 | |
CY2012Q2 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-1494809 | |
CY2012Q2 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
308253 | |
CY2012Q2 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
-138493352 | |
CY2012Q2 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
-3949535 | |
CY2012Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5444344 | |
CY2013Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.03 | |
CY2013Q2 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-61065732 | |
CY2013Q2 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
269514 | |
CY2013Q2 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
-161958357 | |
CY2013Q2 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
-3686739 | |
CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-64752471 | |
CY2012Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.35 | |
CY2012Q3 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
92082276 | |
CY2012Q3 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
396017 | |
CY2012Q3 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
81539758 | |
CY2012Q3 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
-4208559 | |
CY2012Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
87873717 | |
CY2013Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.43 | |
CY2013Q3 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
28197330 | |
CY2013Q3 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
154508 | |
CY2013Q3 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
-3992569 | |
CY2013Q3 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
-3395069 | |
CY2013Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
24802261 | |
CY2012Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.52 | |
CY2012Q4 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-90520293 | |
CY2012Q4 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
366169 | |
CY2012Q4 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
-255294349 | |
CY2012Q4 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
-3756434 | |
CY2012Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-94276727 | |
CY2013Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.04 | |
CY2013Q4 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-53862808 | |
CY2013Q4 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
99154 | |
CY2013Q4 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
305302889 | |
CY2013Q4 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
-3200906 | |
CY2013Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-57063714 |