$UDN
INVESCO DB US DOLLAR INDEX BEARISH FUND

2016 Form 10-K Financial Statement

#000156459017002943 Filed on March 01, 2017

View on sec.gov

Income Statement

Concept 2016 2015 Q4 2015
Revenue $119.8K $12.58K
YoY Change 852.01% -36.21%
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 $322.0K $325.5K
YoY Change -1.09% -29.79%
Operating Profit -$201.1K -$82.98K -$313.0K
YoY Change -35.76% -32.24% -29.51%
Interest Expense $761.00 $1.012K
YoY Change -24.8%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$1.461M -$762.7K -$3.868M
YoY Change -62.24% -77.88% -47.06%
Net Earnings / Revenue -1219.35% -30739.26%
Basic Earnings Per Share -$0.95 -$0.54 -$2.35
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2016 2015 Q4 2015
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $6.561M
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 $43.06M
YoY Change -1.79%
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 $4.491M
YoY Change 326.75%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $38.57M
YoY Change
Total Liabilities & Shareholders Equity $43.06M
YoY Change -1.79%

Cashflow Statement

Concept 2016 2015 Q4 2015
OPERATING ACTIVITIES
Net Income -$1.461M -$762.7K -$3.868M
YoY Change -62.24% -77.88% -47.06%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $2.265M
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 $8.658M -$3.947M
YoY Change -319.34% -126.44%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -8.658M
YoY Change
NET CHANGE
Cash From Operating Activities 2.265M
Cash From Investing Activities
Cash From Financing Activities -8.658M
Net Change In Cash -6.392M
YoY Change
FREE CASH FLOW
Cash From Operating Activities $2.265M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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CY2016 dei Trading Symbol
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CY2016 dei Entity Registrant Name
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POWERSHARES DB US DOLLAR INDEX BEARISH FUND
CY2016 dei Entity Central Index Key
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CY2016 us-gaap Nature Of Operations
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<div> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">(3) Fund Investment Overview</p> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The Fund establishes short positions in certain futures contracts (the &#8220;DX Contracts&#8221;) with a view to tracking the changes, whether positive or negative, in the level of the Deutsche Bank Short US Dollar Index (USDX<sup style="font-size:85%; vertical-align:top">&#174;</sup>) Futures Index&#8211;Excess Return (the &#8220;Short Index&#8221; or the &#8220;Index&#8221;) over time. The performance of the Fund also is intended to reflect the excess, if any, of its interest income from its holdings of United States Treasury Obligations (&#8220;Treasury Income&#8221;) and dividends from its holdings in money market mutual funds (affiliated or otherwise) (&#8220;Money Market Income&#8221;) over the expenses of the Fund. For the avoidance of doubt, the Fund may hold United States Treasury Obligations and money market mutual funds (affiliated or otherwise) for margin and/or cash management purposes.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Index is calculated to reflect the changes in market value over time, whether positive or negative, of short positions in DX Contracts. DX Contracts are traded through the currency markets of ICE Futures U.S. (formerly known as the New York Board of Trade<sup style="font-size:85%; vertical-align:top">&#174;</sup>), under the symbol &#8220;DX.&#8221; The changes in market value over time, whether positive or negative, of the DX Contracts are related to the changes, whether positive or negative, in the level of the U.S.&#160;Dollar Index<sup style="font-size:85%; vertical-align:top">&#174;</sup> (the &#8220;USDX<sup style="font-size:85%; vertical-align:top">&#174;</sup>&#8221;). The Index provides a general indication of the international value of the U.S. dollar relative to the six major world currencies (each an &#8220;Index Currency,&#8221; and collectively, the &#8220;Index Currencies&#8221;), which comprise the USDX<sup style="font-size:85%; vertical-align:top">&#174;</sup>&#8212;Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc.</p></div>
CY2016 us-gaap Use Of Estimates
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<div> <p style="margin-top:12pt;margin-bottom:0pt;margin-left:4.54%;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">(b) Use of Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">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. </p></div>
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-0.11
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MarketValuePerShare
27.06
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-0.0049
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AverageNetAssetsToNetInvestmentIncomeLoss
-0.0075
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-0.0078
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AverageNetAssetsToExpensesAfterWaivers
0.0078
CY2015 udn Average Net Assets To Expenses After Waivers
AverageNetAssetsToExpensesAfterWaivers
0.0078
CY2014 udn Average Net Assets To Expenses After Waivers
AverageNetAssetsToExpensesAfterWaivers
0.0081
CY2016 udn Average Net Assets To Expenses Prior To Waivers
AverageNetAssetsToExpensesPriorToWaivers
0.0078
CY2015 udn Average Net Assets To Expenses Prior To Waivers
AverageNetAssetsToExpensesPriorToWaivers
0.0078
CY2016 udn Return At Net Asset Value
ReturnAtNetAssetValue
-0.0444
CY2015 udn Return At Net Asset Value
ReturnAtNetAssetValue
-0.0989
CY2014 udn Return At Net Asset Value
ReturnAtNetAssetValue
-0.1226
CY2016 udn Return At Market Value
ReturnAtMarketValue
-0.0453
CY2015 udn Return At Market Value
ReturnAtMarketValue
-0.0984
CY2014 us-gaap Distributed Earnings
DistributedEarnings
0
CY2015Q4 us-gaap Investment Owned Unrecognized Unrealized Appreciation Depreciation Net
InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNet
-394359
CY2014 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-1443
CY2014 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
25084125
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
-443974
CY2015Q4 us-gaap Limited Partners Capital Account
LimitedPartnersCapitalAccount
38564920

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