Company: FXB
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027271
Chunk: 40

Company: Invesco CurrencyShares British Pound Sterling Trust
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1B
Chunk 40
---
 Redemption   Value related to Retained Earnings

    (147,535
    )

    (147,535
    )

    147,535

    Adjustment of Redeemable Capital Shares to Redemption   Value

    —

    —

    6,049,746

    Balance at December 31, 2023
     
    $
    —

    $
    —

    700,000

    $
    85,959,316

See accompanying Notes to Financial Statements which are an integral part of the financial statements.

22

Invesco CurrencyShares® British Pound Sterling Trust 

Statements of Cash Flows 

For the Years Ended December 31, 2024 and 2023

    2024

    2023

    Cash flows from operating activities

    Net Comprehensive Income (Loss)
     
    $
    2,036,845

    $
    2,774,034

    Adjustments to reconcile net comprehensive income (loss) to net cash   provided by (used in) operating activities:

    Change in operating assets and liabilities:

    Receivable from accrued interest

    115,876

    (100,392
    )

    Accrued Sponsor’s fee

    (10,502
    )

    (5,524
    )

    Net cash provided by (used in) operating activities

    2,142,219

    2,668,118

    Cash flows from financing activities

    Distributions paid to shareholders

    (2,058,973
    )

    (2,626,499
    )

    Proceeds from purchases of redeemable capital Shares

    67,849,958

    77,566,368

    Redemptions of redeemable capital Shares

    (92,009,871
    )

    (107,729,908
    )

    Increase (decrease) in payable for British Pound Sterling deposits overdrawn

    (14,218
    )

    14,218

    Net cash provided by (used in) financing activities

    (26,233,104
    )

    (32,775,821
    )

    Effect of exchange rate on cash

    (1,476,998
    )

    6,049,746

    Net change in cash

    (25,567,883
    )

    (24,057,957
    )

    Cash at beginning of period