$DBB
INVESCO DB BASE METALS FUND Stock $dbb

$dbb Overview Financials Valuation SEC Filings Company Website

2014 Q4 Form 10-K Financial Statement

#000119312515081304 Filed on March 09, 2015

Income Statement

Concept	2014 Q4	2014	2013 Q4
Revenue		$86.18K
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		$2.307M
YoY Change		1.25%
Operating Profit	-$529.1K	-$2.220M
YoY Change		3.77%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings	-$16.25M	-$12.33M	-$1.043M
YoY Change	1458.53%	-73.71%	-92.76%
Net Earnings / Revenue		-14306.13%
Basic Earnings Per Share	-$0.99	-$0.79	$0.02
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept	2014 Q4	2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$27.36M	$24.78M
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	$250.9M	$248.7M
YoY Change	0.87%	-20.6%
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	$30.24M	$13.82M
YoY Change	118.75%	321.43%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)		$3.000M
YoY Change
Treasury Stock Shares
Shareholders Equity	$220.6M	$234.9M
YoY Change
Total Liabilities & Shareholders Equity	$250.9M	$248.7M
YoY Change	0.87%	-20.6%

Cashflow Statement

Concept	2014 Q4	2014	2013 Q4
OPERATING ACTIVITIES
Net Income	-$16.25M	-$12.33M	-$1.043M
YoY Change	1458.53%	-73.71%	-92.76%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
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		$1.919M
YoY Change		-93.19%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	11600000	shares
CY2014Q2	dei	Entity Public Float EntityPublicFloat	315828000
CY2011Q4	us-gaap	Stockholders Equity StockholdersEquity	366933675
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	126742986
CY2011Q4	dbb	Shares Asset Value Per Share SharesAssetValuePerShare	18.72
CY2011Q4	dbb	Market Value Per Share MarketValuePerShare	18.65
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	309978537
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	34696647
CY2012Q4	dbb	Shares Asset Value Per Share SharesAssetValuePerShare	19.13
CY2012Q4	dbb	Market Value Per Share MarketValuePerShare	19.28
CY2013Q4	us-gaap	General Partners Capital Account Units Outstanding GeneralPartnersCapitalAccountUnitsOutstanding	40	shares
CY2013Q4	us-gaap	Limited Partners Capital Account Units Outstanding LimitedPartnersCapitalAccountUnitsOutstanding	14000000	shares
CY2013Q4	us-gaap	Derivative Collateral Obligation To Return Securities DerivativeCollateralObligationToReturnSecurities	0
CY2013Q4	us-gaap	Investment Owned Unrecognized Unrealized Depreciation InvestmentOwnedUnrecognizedUnrealizedDepreciation	4049888
CY2013Q4	us-gaap	General Partners Capital Account GeneralPartnersCapitalAccount	671
CY2013Q4	us-gaap	Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral	0
CY2013Q4	us-gaap	Derivative Collateral Obligation To Return Cash DerivativeCollateralObligationToReturnCash	0
CY2013Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2013Q4	us-gaap	Limited Partners Capital Account LimitedPartnersCapitalAccount	234894398
CY2013Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	150010
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	234895069
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	248718089
CY2013Q4	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	-8707688
CY2013Q4	us-gaap	Derivative Asset Fair Value Gross Liability DerivativeAssetFairValueGrossLiability	4657800
CY2013Q4	us-gaap	Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral	4049888
CY2013Q4	us-gaap	Liabilities Liabilities	13823020
CY2013Q4	us-gaap	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	2999507
CY2013Q4	us-gaap	Commissions Payable To Broker Dealers And Clearing Organizations CommissionsPayableToBrokerDealersAndClearingOrganizations	4797
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	24778734
CY2013Q4	us-gaap	Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral	0
CY2013Q4	us-gaap	Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral	0
CY2013Q4	us-gaap	Assets Held In Trust AssetsHeldInTrust	0
CY2013Q4	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	0
CY2013Q4	us-gaap	Derivative Collateral Right To Reclaim Cash DerivativeCollateralRightToReclaimCash	4049888
CY2013Q4	us-gaap	Derivative Liability Fair Value Gross Asset DerivativeLiabilityFairValueGrossAsset	4657800
CY2013Q4	us-gaap	Financial Instruments Owned Us Government And Agency Obligations At Fair Value FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue	227989243
CY2013Q4	us-gaap	Good Faith And Margin Deposits With Broker Dealers GoodFaithAndMarginDepositsWithBrokerDealers	248718089
CY2013Q4	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	4657800
CY2013Q4	us-gaap	Assets Assets	248718089
CY2013Q4	us-gaap	Derivative Collateral Right To Reclaim Securities DerivativeCollateralRightToReclaimSecurities	0
CY2013Q4	us-gaap	Investment Owned Unrecognized Unrealized Appreciation Depreciation Net InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNet	-4049888
CY2013Q4	us-gaap	Restricted Investments RestrictedInvestments	19456837
CY2013Q4	dbb	Commodity Contract Liability CommodityContractLiability	10668706
CY2013Q4	dbb	Shares Asset Value Per Share SharesAssetValuePerShare	16.78
CY2013Q4	dbb	General Shares Net Asset Value Per Share GeneralSharesNetAssetValuePerShare	16.78
CY2013Q4	dbb	Market Value Per Share MarketValuePerShare	16.86
CY2014Q4	us-gaap	General Partners Capital Account Units Outstanding GeneralPartnersCapitalAccountUnitsOutstanding	40	shares
CY2014Q4	us-gaap	Limited Partners Capital Account Units Outstanding LimitedPartnersCapitalAccountUnitsOutstanding	13800000	shares
CY2014Q4	us-gaap	General Partners Capital Account GeneralPartnersCapitalAccount	640
CY2014Q4	us-gaap	Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral	0
CY2014Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2014Q4	us-gaap	Limited Partners Capital Account LimitedPartnersCapitalAccount	220646864
CY2014Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	130925
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	220647504
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	250885301
CY2014Q4	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	-13474175
CY2014Q4	us-gaap	Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral	13474175
CY2014Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0
CY2014Q4	us-gaap	Liabilities Liabilities	30237797
CY2014Q4	us-gaap	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	22997987
CY2014Q4	us-gaap	Commissions Payable To Broker Dealers And Clearing Organizations CommissionsPayableToBrokerDealersAndClearingOrganizations	4635
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	27364752
CY2014Q4	us-gaap	Assets Held In Trust AssetsHeldInTrust	0
CY2014Q4	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	0
CY2014Q4	us-gaap	Derivative Collateral Right To Reclaim Cash DerivativeCollateralRightToReclaimCash	13474175
CY2014Q4	us-gaap	Financial Instruments Owned Us Government And Agency Obligations At Fair Value FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue	236994724
CY2014Q4	us-gaap	Good Faith And Margin Deposits With Broker Dealers GoodFaithAndMarginDepositsWithBrokerDealers	250885301
CY2014Q4	us-gaap	Assets Assets	250885301
CY2014Q4	us-gaap	Derivative Collateral Right To Reclaim Securities DerivativeCollateralRightToReclaimSecurities	0
CY2014Q4	us-gaap	Investment Owned Unrecognized Unrealized Appreciation Depreciation Net InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNet	-13474175
CY2014Q4	us-gaap	Restricted Investments RestrictedInvestments	18366219
CY2014Q4	dbb	Commodity Contract Liability CommodityContractLiability	7104250
CY2014Q4	dbb	Shares Asset Value Per Share SharesAssetValuePerShare	15.99
CY2014Q4	dbb	General Shares Net Asset Value Per Share GeneralSharesNetAssetValuePerShare	15.99
CY2014Q4	dbb	Market Value Per Share MarketValuePerShare	15.90
CY2013	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	18263630
CY2013	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-2.35
CY2013	us-gaap	Stockholders Equity Period Increase Decrease StockholdersEquityPeriodIncreaseDecrease	-75083468
CY2013	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-5121223
CY2013	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	164285896
CY2013	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-39635482
CY2013	us-gaap	Gain Loss On Investments GainLossOnInvestments	-44762143
CY2013	us-gaap	Increase Decrease In Commodity Contract Assets And Liabilities IncreaseDecreaseInCommodityContractAssetsAndLiabilities	7590537
CY2013	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-5132718
CY2013	us-gaap	Unrealized Gain Loss On Securities UnrealizedGainLossOnSecurities	-11495
CY2013	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	6057
CY2013	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	192467439
CY2013	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	1181845878
CY2013	us-gaap	Net Income Loss NetIncomeLoss	-46901925
CY2013	us-gaap	Investment Income Net InvestmentIncomeNet	-2139782
CY2013	us-gaap	Interest Income Operating InterestIncomeOperating	138275
CY2013	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	-39629425
CY2013	us-gaap	Distributed Earnings DistributedEarnings	0
CY2013	us-gaap	Operating Expenses OperatingExpenses	2278057
CY2013	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-9917913
CY2013	us-gaap	Floor Brokerage Exchange And Clearance Fees FloorBrokerageExchangeAndClearanceFees	54445
CY2013	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-28181543
CY2013	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	164285896
CY2013	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	-154797
CY2013	us-gaap	Increase Decrease In Payables To Broker Dealers IncreaseDecreaseInPayablesToBrokerDealers	4524
CY2013	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	1234496115
CY2013	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-51607
CY2013	us-gaap	Asset Management Costs AssetManagementCosts	2223612
CY2013	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	192467439
CY2013	dbb	Return At Net Asset Value ReturnAtNetAssetValue	-0.1228	pure
CY2013	dbb	Net Investment Income Loss Per Share NetInvestmentIncomeLossPerShare	-0.12
CY2013	dbb	Percentage Of Holdings Considered Restricted PercentageOfHoldingsConsideredRestricted	0.078	pure
CY2013	dbb	Return At Market Value ReturnAtMarketValue	-0.1255	pure
CY2013	dbb	Average Net Assets To Expenses AverageNetAssetsToExpenses	0.0077	pure
CY2013	dbb	Average Charges Paid To Broker Per Round Turn Trade Maximum AverageChargesPaidToBrokerPerRoundTurnTradeMaximum	10.00
CY2013	dbb	Percentage Of Assets Held By Broker PercentageOfAssetsHeldByBroker	1.00	pure
CY2013	dbb	Gain Loss On Investments Per Share GainLossOnInvestmentsPerShare	-2.23
CY2013	dbb	Average Net Assets To Net Investment Income Loss AverageNetAssetsToNetInvestmentIncomeLoss	-0.0072	pure
CY2013	dbb	Cash And Cash Equivalents Original Maturities Maximum Term CashAndCashEquivalentsOriginalMaturitiesMaximumTerm	P3M
CY2013	dbb	Stockholders Equity Period Increase Decrease Due To Share Transactions StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions	-28181543
CY2013	dbb	Average Investment Owned Underlying Face Amount At Market Value AverageInvestmentOwnedUnderlyingFaceAmountAtMarketValue	304700000
CY2014	dei	Document Type DocumentType	10-K
CY2014	dei	Entity Registrant Name EntityRegistrantName	POWERSHARES DB BASE METALS FUND
CY2014	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2014	dei	Trading Symbol TradingSymbol	DBB
CY2014	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2014	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2014	us-gaap	Nature Of Operations NatureOfOperations	<div> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 18px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: 'Times New Roman'" size="2"><b>(2) Fund Investment Overview</b></font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 6px; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 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–Optimum Yield Industrial Metals Index Excess Return™ (the “DBIQ-OY Industrial Metals ER™”, or 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-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 12px; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: 'Times New Roman'" size="2">The Index is intended to reflect the change in market value of the base metals sector. The commodities comprising the Index are aluminum, zinc and copper—Grade A (each an “Index Commodity”, and collectively, the “Index Commodities”).</font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 12px; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: 'Times New Roman'" size="2">The Index Commodities are currently trading on the London Metals Exchange (the “LME”). Although the LME does not currently impose position limits on the Index Commodities, the LME may in the future impose position limits on market participants trading in certain commodities included in the Index. Further, in the event the Fund invests in alternative futures contracts as described below, that trade on a U.S. exchange, the Commodity Futures Trading Commission (the “CFTC”) and commodity exchanges may impose position limits on market participants trading in the commodity 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 (i) a futures contract referencing the particular Index Commodity other than the Index Contract or, in the alternative, invest in (ii) other futures contracts not based on the particular Index Commodity ((i) and (ii) collectively, the “Alternative Futures Contracts”) if, in the commercially reasonable judgment of the Managing Owner, such Alternative Futures Contracts tend to exhibit trading prices that correlate with such Index Commodity.</font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 12px; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: 'Times New Roman'" size="2">The Fund does not borrow money to increase leverage. As of December 31, 2014 and 2013, the Fund had $250,885,301 (or 100% of its total assets) and $248,718,089 (or 100% of its total assets), 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, $18,366,219 (or 7.3%) and $19,456,837 (or 7.8%) is required to be deposited to satisfy maintenance margin required by the Comodity Broker for the Fund’s long futures positions. For additional information, please see the audited Schedule of Investments as of December 31, 2014 and 2013 for details of the Fund’s portfolio holdings.</font></p> </div>
CY2014	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	4505133
CY2014	us-gaap	Use Of Estimates UseOfEstimates	<div> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-LEFT: 62px; MARGIN-TOP: 18px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <b><i><font style="FONT-FAMILY: 'Times New Roman'" size="2"><b><i>(b) Use of Estimates</i></b></font></i></b></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 6px; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: 'Times New Roman'" size="2">The preparation of the financial statements in conformity with U.S. GAAP 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>
CY2014	dei	Document Period End Date DocumentPeriodEndDate	2014-12-31
CY2014	us-gaap	Significant Acquisitions And Disposals Date Of Transaction For Acquisitions Or Disposals SignificantAcquisitionsAndDisposalsDateOfTransactionForAcquisitionsOrDisposals	2015-02-23
CY2014	dei	Amendment Flag AmendmentFlag	false
CY2014	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2014	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
CY2014	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.79
CY2014	dei	Entity Central Index Key EntityCentralIndexKey	0001383084
CY2014	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2014	us-gaap	Stockholders Equity Period Increase Decrease StockholdersEquityPeriodIncreaseDecrease	-14247565
CY2014	us-gaap	Stock Redeemed Or Called During Period Shares StockRedeemedOrCalledDuringPeriodShares	200000	shares
CY2014	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2014	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-9424287
CY2014	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	255008996
CY2014	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-684350
CY2014	us-gaap	Gain Loss On Investments GainLossOnInvestments	-10108015
CY2014	us-gaap	Increase Decrease In Commodity Contract Assets And Liabilities IncreaseDecreaseInCommodityContractAssetsAndLiabilities	-3564456
CY2014	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-9427864
CY2014	us-gaap	Unrealized Gain Loss On Securities UnrealizedGainLossOnSecurities	-3577
CY2014	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	4199
CY2014	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	256928111
CY2014	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	1206913829
CY2014	us-gaap	Net Income Loss NetIncomeLoss	-12328450
CY2014	us-gaap	Investment Income Net InvestmentIncomeNet	-2220435
CY2014	us-gaap	Interest Income Operating InterestIncomeOperating	86176
CY2014	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	-680151
CY2014	us-gaap	Distributed Earnings DistributedEarnings	0
CY2014	us-gaap	Operating Expenses OperatingExpenses	2306611
CY2014	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	2586018
CY2014	us-gaap	Floor Brokerage Exchange And Clearance Fees FloorBrokerageExchangeAndClearanceFees	86793
CY2014	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-1919115
CY2014	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	255008996
CY2014	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	-88624
CY2014	us-gaap	Increase Decrease In Payables To Broker Dealers IncreaseDecreaseInPayablesToBrokerDealers	-162
CY2014	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	1217996074
CY2014	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-19085
CY2014	us-gaap	Asset Management Costs AssetManagementCosts	2219818
CY2014	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	256928111
CY2014	dbb	Return At Net Asset Value ReturnAtNetAssetValue	-0.0471	pure
CY2014	dbb	Net Investment Income Loss Per Share NetInvestmentIncomeLossPerShare	-0.13
CY2014	dbb	Minimum Number Of Baskets Of Shares That Can Be Purchased MinimumNumberOfBasketsOfSharesThatCanBePurchased	1	Basket
CY2014	dbb	Percentage Of Holdings Considered Restricted PercentageOfHoldingsConsideredRestricted	0.073	pure
CY2014	dbb	Return At Market Value ReturnAtMarketValue	-0.0569	pure
CY2014	dbb	Average Net Assets To Expenses AverageNetAssetsToExpenses	0.0078	pure
CY2014	dbb	Average Charges Paid To Broker Per Round Turn Trade Maximum AverageChargesPaidToBrokerPerRoundTurnTradeMaximum	10.00
CY2014	dbb	Percentage Of Assets Held By Broker PercentageOfAssetsHeldByBroker	1.00	pure
CY2014	dbb	Gain Loss On Investments Per Share GainLossOnInvestmentsPerShare	-0.66
CY2014	dbb	Number Of Shares Issued Per Basket NumberOfSharesIssuedPerBasket	200000	shares
CY2014	dbb	Average Net Assets To Net Investment Income Loss AverageNetAssetsToNetInvestmentIncomeLoss	-0.0075	pure
CY2014	dbb	Cash And Cash Equivalents Original Maturities Maximum Term CashAndCashEquivalentsOriginalMaturitiesMaximumTerm	P3M
CY2014	dbb	Management Fee Per Annum Of Daily Net Assets ManagementFeePerAnnumOfDailyNetAssets	0.0075	pure
CY2014	dbb	Minimum Number Of Baskets Of Shares That Can Be Redeemed MinimumNumberOfBasketsOfSharesThatCanBeRedeemed	1	Basket
CY2014	dbb	Stockholders Equity Period Increase Decrease Due To Share Transactions StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions	-1919115
CY2014	dbb	Average Investment Owned Underlying Face Amount At Market Value AverageInvestmentOwnedUnderlyingFaceAmountAtMarketValue	306600000
CY2012	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-30037853
CY2012	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.41
CY2012	us-gaap	Stockholders Equity Period Increase Decrease StockholdersEquityPeriodIncreaseDecrease	-56955138
CY2012	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	92457166
CY2012	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	95745240
CY2012	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-84992271
CY2012	us-gaap	Gain Loss On Investments GainLossOnInvestments	7483219
CY2012	us-gaap	Increase Decrease In Commodity Contract Assets And Liabilities IncreaseDecreaseInCommodityContractAssetsAndLiabilities	-22590581
CY2012	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	92473209
CY2012	us-gaap	Unrealized Gain Loss On Securities UnrealizedGainLossOnSecurities	16043
CY2012	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	2281
CY2012	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	157753726
CY2012	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	1293737736
CY2012	us-gaap	Net Income Loss NetIncomeLoss	5053348
CY2012	us-gaap	Investment Income Net InvestmentIncomeNet	-2429871
CY2012	us-gaap	Interest Income Operating InterestIncomeOperating	230197
CY2012	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	-84989990
CY2012	us-gaap	Operating Expenses OperatingExpenses	2660068
CY2012	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-92046339
CY2012	us-gaap	Floor Brokerage Exchange And Clearance Fees FloorBrokerageExchangeAndClearanceFees	100099
CY2012	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-62008486
CY2012	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	95745240
CY2012	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	-236394
CY2012	us-gaap	Increase Decrease In Payables To Broker Dealers IncreaseDecreaseInPayablesToBrokerDealers	-5754
CY2012	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	1373995316
CY2012	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-40562
CY2012	us-gaap	Asset Management Costs AssetManagementCosts	2559969
CY2012	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	157753726
CY2012	dbb	Return At Net Asset Value ReturnAtNetAssetValue	0.0219	pure
CY2012	dbb	Net Investment Income Loss Per Share NetInvestmentIncomeLossPerShare	-0.14
CY2012	dbb	Return At Market Value ReturnAtMarketValue	0.0338	pure
CY2012	dbb	Average Net Assets To Expenses AverageNetAssetsToExpenses	0.0078	pure
CY2012	dbb	Average Charges Paid To Broker Per Round Turn Trade Maximum AverageChargesPaidToBrokerPerRoundTurnTradeMaximum	10.00
CY2012	dbb	Gain Loss On Investments Per Share GainLossOnInvestmentsPerShare	0.55
CY2012	dbb	Average Net Assets To Net Investment Income Loss AverageNetAssetsToNetInvestmentIncomeLoss	-0.0071	pure
CY2012	dbb	Stockholders Equity Period Increase Decrease Due To Share Transactions StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions	-62008486
CY2013Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.59
CY2013Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	-27899315
CY2013Q1	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	26856238
CY2013Q1	us-gaap	Net Income Loss NetIncomeLoss	-28477426
CY2013Q1	us-gaap	Investment Income Net InvestmentIncomeNet	-578111
CY2013Q1	us-gaap	Interest Income Operating InterestIncomeOperating	51226
CY2014Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.93
CY2014Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	-15479196
CY2014Q1	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	69412508
CY2014Q1	us-gaap	Net Income Loss NetIncomeLoss	-15964910
CY2014Q1	us-gaap	Investment Income Net InvestmentIncomeNet	-485714
CY2014Q1	us-gaap	Interest Income Operating InterestIncomeOperating	29815
CY2013Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.38
CY2013Q2	us-gaap	Gain Loss On Investments GainLossOnInvestments	-26730234
CY2013Q2	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	-26515433
CY2013Q2	us-gaap	Net Income Loss NetIncomeLoss	-27302851
CY2013Q2	us-gaap	Investment Income Net InvestmentIncomeNet	-572617
CY2013Q2	us-gaap	Interest Income Operating InterestIncomeOperating	45001
CY2014Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.12
CY2014Q2	us-gaap	Gain Loss On Investments GainLossOnInvestments	20723503
CY2014Q2	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	11272157
CY2014Q2	us-gaap	Net Income Loss NetIncomeLoss	20173444
CY2014Q2	us-gaap	Investment Income Net InvestmentIncomeNet	-550059
CY2014Q2	us-gaap	Interest Income Operating InterestIncomeOperating	23696
CY2013Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.60
CY2013Q3	us-gaap	Gain Loss On Investments GainLossOnInvestments	10433890
CY2013Q3	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	-38737566
CY2013Q3	us-gaap	Net Income Loss NetIncomeLoss	9921052
CY2013Q3	us-gaap	Investment Income Net InvestmentIncomeNet	-512838
CY2013Q3	us-gaap	Interest Income Operating InterestIncomeOperating	24000
CY2014Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
CY2014Q3	us-gaap	Gain Loss On Investments GainLossOnInvestments	369314
CY2014Q3	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	13869666
CY2014Q3	us-gaap	Net Income Loss NetIncomeLoss	-286224
CY2014Q3	us-gaap	Investment Income Net InvestmentIncomeNet	-655538
CY2014Q3	us-gaap	Interest Income Operating InterestIncomeOperating	20937
CY2013Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.02
CY2013Q4	us-gaap	Gain Loss On Investments GainLossOnInvestments	-566484
CY2013Q4	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	-36686707
CY2013Q4	us-gaap	Net Income Loss NetIncomeLoss	-1042700
CY2013Q4	us-gaap	Investment Income Net InvestmentIncomeNet	-476216
CY2013Q4	us-gaap	Interest Income Operating InterestIncomeOperating	18048
CY2014Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.99
CY2014Q4	us-gaap	Gain Loss On Investments GainLossOnInvestments	-15721636
CY2014Q4	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	-108801896
CY2014Q4	us-gaap	Net Income Loss NetIncomeLoss	-16250760
CY2014Q4	us-gaap	Investment Income Net InvestmentIncomeNet	-529124
CY2014Q4	us-gaap	Interest Income Operating InterestIncomeOperating	11728

Files In Submission

Name	View Source	Status
0001193125-15-081304-index-headers.html	Edgar Link	pending
0001193125-15-081304-index.html	Edgar Link	pending
0001193125-15-081304.txt	Edgar Link	pending
0001193125-15-081304-xbrl.zip	Edgar Link	pending
d840289d10k.htm	Edgar Link	pending
d840289dex231.htm	Edgar Link	pending
d840289dex232.htm	Edgar Link	pending
d840289dex311.htm	Edgar Link	pending
d840289dex312.htm	Edgar Link	pending
d840289dex321.htm	Edgar Link	pending
d840289dex322.htm	Edgar Link	pending
dbb-20141231.xml	Edgar Link	completed
dbb-20141231.xsd	Edgar Link	pending
dbb-20141231_cal.xml	Edgar Link	unprocessable
dbb-20141231_def.xml	Edgar Link	unprocessable
dbb-20141231_lab.xml	Edgar Link	unprocessable
dbb-20141231_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
g840289img001.jpg	Edgar Link	pending
g840289img002.jpg	Edgar Link	pending
g840289img003.jpg	Edgar Link	pending
g840289img004.jpg	Edgar Link	pending
g840289img005.jpg	Edgar Link	pending
g840289img006.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$DBB
INVESCO DB BASE METALS FUND Stock $dbb

2014 Q4 Form 10-K Financial Statement

#000119312515081304 Filed on March 09, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DBB INVESCO DB BASE METALS FUND Stock $dbb

2014 Q4 Form 10-K Financial Statement

#000119312515081304 Filed on March 09, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DBB
INVESCO DB BASE METALS FUND Stock $dbb