Silver Bullion Trust reported earnings results for the year ended December 31, 2014. For the period, the company's total income was $2,240 compared to $3,035 a year ago. Net loss and comprehensive loss inclusive of the change in unrealized appreciation of holdings was $11,392,431 compared to $33,226,562 a year ago.

The net asset value per unit, as reported in U.S. dollars, decreased by 18.2% from $11.40 to $9.32.