New Mountain Finance (NMFC) annual cash flow statement covering fiscal 2021 through 2025, as reported to the SEC.
A cash flow statement shows the cash that actually came in and went out, split between running the business, investing and financing.
| Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||||||||||||||||
Net (decrease) increase in net assets resulting from operations | ||||||||||||||||||||
16,973 | 114,503 | 136,090 | 74,528 | 207,182 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net (decrease) increase in net assets resulting from operations | 16,973 | 114,503 | 136,090 | 74,528 | 207,182 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Adjustments to reconcile net increase in net assets resulting from operations to net cash (used in) provided by operating activities: | ||||||||||||||||||||
Net realized losses (gains) on investments | ||||||||||||||||||||
43,158 | -41,832 | -32,854 | 52,703 | -3,864 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net realized losses (gains) on investments | 43,158 | -41,832 | -32,854 | 52,703 | -3,864 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net realized gains on translation of assets and liabilities in foreign currencies | ||||||||||||||||||||
- | 420 | 13 | 827 | 15 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net realized gains on translation of assets and liabilities in foreign currencies | - | 420 | 13 | 827 | 15 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net change in unrealized depreciation of investments and New Mountain Net Lease Corporation | ||||||||||||||||||||
-162,614 | 15,675 | 10,316 | -84,134 | 92,386 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net change in unrealized depreciation of investments and New Mountain Net Lease Corporation | -162,614 | 15,675 | 10,316 | -84,134 | 92,386 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net change in unrealized depreciation (appreciation) on translation of assets and liabilities in foreign currencies | ||||||||||||||||||||
480 | -606 | 100 | -1,115 | -81 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net change in unrealized depreciation (appreciation) on translation of assets and liabilities in foreign currencies | 480 | -606 | 100 | -1,115 | -81 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net change in unrealized depreciation of securities purchased under collateralized agreements to resell | ||||||||||||||||||||
- | -3,000 | -39 | -4,883 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net change in unrealized depreciation of securities purchased under collateralized agreements to resell | - | -3,000 | -39 | -4,883 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Amortization of purchase discount | ||||||||||||||||||||
8,839 | 7,406 | 6,328 | 5,631 | 8,567 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Amortization of purchase discount | 8,839 | 7,406 | 6,328 | 5,631 | 8,567 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Amortization of deferred financing costs | ||||||||||||||||||||
8,821 | 9,797 | 6,780 | 6,837 | 7,388 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Amortization of deferred financing costs | 8,821 | 9,797 | 6,780 | 6,837 | 7,388 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Amortization of debt discount (premium) | ||||||||||||||||||||
- | - | - | - | -103 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Amortization of debt discount (premium) | - | - | - | - | -103 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net change due to hedging activity | ||||||||||||||||||||
867 | -209 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net change due to hedging activity | 867 | -209 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Non-cash investment income | ||||||||||||||||||||
60,702 | 70,123 | 61,492 | 40,037 | 50,377 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Non-cash investment income | 60,702 | 70,123 | 61,492 | 40,037 | 50,377 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
(Increase) decrease in operating assets: | ||||||||||||||||||||
Cash paid for purchase of non-controlling interest in NMNLC | ||||||||||||||||||||
- | 4,666 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash paid for purchase of non-controlling interest in NMNLC | - | 4,666 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Cash distribution received for purchase of non-controlling interest in NMNLC | ||||||||||||||||||||
- | 244 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash distribution received for purchase of non-controlling interest in NMNLC | - | 244 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Cash received for purchase of undrawn portion of revolving credit or delayed draw facilities | ||||||||||||||||||||
238 | 464 | 224 | 370 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash received for purchase of undrawn portion of revolving credit or delayed draw facilities | 238 | 464 | 224 | 370 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Cash received for purchase of undrawn portion of revolving credit or delayed draw facilities | ||||||||||||||||||||
- | - | - | - | 811 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash received for purchase of undrawn portion of revolving credit or delayed draw facilities | - | - | - | - | 811 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Interest and dividend receivable | ||||||||||||||||||||
-3,849 | -1,788 | 7,907 | 5,260 | 2,457 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Interest and dividend receivable | -3,849 | -1,788 | 7,907 | 5,260 | 2,457 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred tax liability (asset) | ||||||||||||||||||||
- | -594 | 594 | - | -101 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred tax liability (asset) | - | -594 | 594 | - | -101 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Receivable from unsettled securities sold | ||||||||||||||||||||
4,138 | - | - | - | -9,019 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Receivable from unsettled securities sold | 4,138 | - | - | - | -9,019 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Receivable from affiliates | ||||||||||||||||||||
168 | 131 | 82 | - | -117 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Receivable from affiliates | 168 | 131 | 82 | - | -117 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other assets | ||||||||||||||||||||
-1,357 | 2,904 | 6,623 | -1,333 | 5,105 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other assets | -1,357 | 2,904 | 6,623 | -1,333 | 5,105 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
(Decrease) increase in operating liabilities: | ||||||||||||||||||||
Management fee payable | ||||||||||||||||||||
-1,291 | 351 | -408 | 360 | -255 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Management fee payable | -1,291 | 351 | -408 | 360 | -255 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Incentive fee payable | ||||||||||||||||||||
-5,607 | 70 | 2,259 | -1,207 | 149 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Incentive fee payable | -5,607 | 70 | 2,259 | -1,207 | 149 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Payable for unsettled securities purchased | ||||||||||||||||||||
463 | - | - | -7,910 | -18,932 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Payable for unsettled securities purchased | 463 | - | - | -7,910 | -18,932 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Interest payable | ||||||||||||||||||||
-5,220 | -3,235 | 813 | 2,239 | 1,801 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Interest payable | -5,220 | -3,235 | 813 | 2,239 | 1,801 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred tax asset (liability) | ||||||||||||||||||||
409 | 1,410 | -8,487 | 8,474 | 13 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred tax asset (liability) | 409 | 1,410 | -8,487 | 8,474 | 13 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Payable to affiliates | ||||||||||||||||||||
- | - | -78 | -478 | -311 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Payable to affiliates | - | - | -78 | -478 | -311 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Payable to broker | ||||||||||||||||||||
11,400 | 3,230 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Payable to broker | 11,400 | 3,230 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other liabilities | ||||||||||||||||||||
-139 | -349 | -272 | 397 | 479 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other liabilities | -139 | -349 | -272 | 397 | 479 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net cash flows provided by operating activities | ||||||||||||||||||||
378,982 | 41,999 | 332,729 | 35,006 | -22,057 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net cash flows provided by operating activities | 378,982 | 41,999 | 332,729 | 35,006 | -22,057 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Cash flows from financing activities | ||||||||||||||||||||
Net proceeds from shares sold | ||||||||||||||||||||
- | 67,690 | 21,241 | 40,006 | 12,427 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net proceeds from shares sold | - | 67,690 | 21,241 | 40,006 | 12,427 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Repurchase of shares under the repurchase programs | ||||||||||||||||||||
51,952 | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Repurchase of shares under the repurchase programs | 51,952 | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Offering costs paid | ||||||||||||||||||||
76 | 444 | 409 | 204 | 205 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Offering costs paid | 76 | 444 | 409 | 204 | 205 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Distributions paid | ||||||||||||||||||||
135,696 | 147,193 | 150,737 | 121,288 | 114,225 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Distributions paid | 135,696 | 147,193 | 150,737 | 121,288 | 114,225 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from Convertible Notes | ||||||||||||||||||||
- | - | 60,300 | 200,000 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from Convertible Notes | - | - | 60,300 | 200,000 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Repayment of 2022 Convertible Notes | ||||||||||||||||||||
260,005 | - | 116,816 | 84,434 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Repayment of 2022 Convertible Notes | 260,005 | - | 116,816 | 84,434 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from Unsecured Notes | ||||||||||||||||||||
- | 594,981 | 115,000 | 75,000 | 200,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from Unsecured Notes | - | 594,981 | 115,000 | 75,000 | 200,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Repayment of Unsecured Notes | ||||||||||||||||||||
- | 116,500 | 140,000 | 55,000 | 141,750 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Repayment of Unsecured Notes | - | 116,500 | 140,000 | 55,000 | 141,750 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Repayment of SBA-guaranteed debentures | ||||||||||||||||||||
103,795 | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Repayment of SBA-guaranteed debentures | 103,795 | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Contributions related to non-controlling interest in NMNLC | ||||||||||||||||||||
- | - | - | 124 | 1,792 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Contributions related to non-controlling interest in NMNLC | - | - | - | 124 | 1,792 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Distributions related to non-controlling interest in NMNLC | ||||||||||||||||||||
358 | 925 | 693 | 9,569 | 1,222 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Distributions related to non-controlling interest in NMNLC | 358 | 925 | 693 | 9,569 | 1,222 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred financing costs paid | ||||||||||||||||||||
2,555 | 11,660 | 11,888 | 4,229 | 10,222 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred financing costs paid | 2,555 | 11,660 | 11,888 | 4,229 | 10,222 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net cash flows used in financing activities | ||||||||||||||||||||
-378,737 | -31,360 | -333,884 | -21,502 | 1,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net cash flows used in financing activities | -378,737 | -31,360 | -333,884 | -21,502 | 1,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net decrease in cash and cash equivalents | ||||||||||||||||||||
245 | 10,639 | -1,155 | 13,504 | -20,857 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net decrease in cash and cash equivalents | 245 | 10,639 | -1,155 | 13,504 | -20,857 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Effect of foreign exchange rate changes on cash and cash equivalents | ||||||||||||||||||||
153 | -409 | 55 | -391 | -32 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Effect of foreign exchange rate changes on cash and cash equivalents | 153 | -409 | 55 | -391 | -32 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Supplemental disclosure of cash flow information | ||||||||||||||||||||
Cash interest paid | ||||||||||||||||||||
114,930 | 127,312 | 115,521 | 81,826 | 61,703 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash interest paid | 114,930 | 127,312 | 115,521 | 81,826 | 61,703 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Income taxes paid (received) | ||||||||||||||||||||
-301 | 152 | 11,577 | 901 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income taxes paid (received) | -301 | 152 | 11,577 | 901 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Income taxes paid | ||||||||||||||||||||
- | - | - | - | 65 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income taxes paid | - | - | - | - | 65 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Non-cash operating activities: | ||||||||||||||||||||
Non-cash activity on investments | ||||||||||||||||||||
74,727 | 26,350 | 15,772 | - | 34,650 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Non-cash activity on investments | 74,727 | 26,350 | 15,772 | - | 34,650 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Non-cash financing activities: | ||||||||||||||||||||
Conversion of 2022 Convertible Notes to shares | ||||||||||||||||||||
7 | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Conversion of 2022 Convertible Notes to shares | 7 | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Value of shares issued in connection with reinvestment of distributions | ||||||||||||||||||||
- | - | - | 1,098 | 2,228 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Value of shares issued in connection with reinvestment of distributions | - | - | - | 1,098 | 2,228 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accrued but unpaid offering costs | ||||||||||||||||||||
41 | 106 | 147 | 68 | 21 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accrued but unpaid offering costs | 41 | 106 | 147 | 68 | 21 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accrued but unpaid deferred financing costs | ||||||||||||||||||||
57 | 108 | 213 | 152 | 11 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accrued but unpaid deferred financing costs | 57 | 108 | 213 | 152 | 11 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Convertible Notes | ||||||||||||||||||||
Amortization of deferred financing costs | ||||||||||||||||||||
1,352 | 1,619 | 1,676 | 694 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Amortization of deferred financing costs | 1,352 | 1,619 | 1,676 | 694 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Amortization of debt discount (premium) | ||||||||||||||||||||
-79 | -116 | -130 | -130 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Amortization of debt discount (premium) | -79 | -116 | -130 | -130 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Unsecured Notes | ||||||||||||||||||||
Amortization of deferred financing costs | ||||||||||||||||||||
3,277 | 2,368 | 770 | 801 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Amortization of deferred financing costs | 3,277 | 2,368 | 770 | 801 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Amortization of debt discount (premium) | ||||||||||||||||||||
1,246 | 736 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Amortization of debt discount (premium) | 1,246 | 736 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Investments Including Delayed Draw Facilities | ||||||||||||||||||||
Cash paid for purchase of investments | ||||||||||||||||||||
401,262 | 806,327 | 283,663 | 620,885 | 1,134,752 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash paid for purchase of investments | 401,262 | 806,327 | 283,663 | 620,885 | 1,134,752 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Drawn revolving credit facilities | ||||||||||||||||||||
Cash paid for purchase of investments | ||||||||||||||||||||
- | 48 | - | 185 | 978 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash paid for purchase of investments | - | 48 | - | 185 | 978 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Drawn Revolvers | ||||||||||||||||||||
Cash paid for purchase of investments | ||||||||||||||||||||
34,837 | 37,194 | 28,090 | 41,078 | 32,671 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash paid for purchase of investments | 34,837 | 37,194 | 28,090 | 41,078 | 32,671 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from sale of investment | ||||||||||||||||||||
23,361 | 31,657 | 27,793 | 42,827 | 27,107 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from sale of investment | 23,361 | 31,657 | 27,793 | 42,827 | 27,107 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Investments Excluding Drawn Revolvers | ||||||||||||||||||||
Proceeds from sale of investment | ||||||||||||||||||||
715,038 | 780,102 | 540,460 | 583,840 | 1,066,740 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from sale of investment | 715,038 | 780,102 | 540,460 | 583,840 | 1,066,740 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Holdings Credit Facility | ||||||||||||||||||||
Proceeds from credit facility | ||||||||||||||||||||
603,500 | 592,700 | 199,600 | 277,400 | 211,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from credit facility | 603,500 | 592,700 | 199,600 | 277,400 | 211,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Repayments of credit facility | ||||||||||||||||||||
477,800 | 813,400 | 303,500 | 203,700 | 115,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Repayments of credit facility | 477,800 | 813,400 | 303,500 | 203,700 | 115,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
NMFC Credit Facility | ||||||||||||||||||||
Proceeds from credit facility | ||||||||||||||||||||
118,000 | 125,279 | 348,500 | 212,707 | 336,505 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from credit facility | 118,000 | 125,279 | 348,500 | 212,707 | 336,505 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Repayments of credit facility | ||||||||||||||||||||
68,000 | 132,635 | 353,550 | 297,000 | 374,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Repayments of credit facility | 68,000 | 132,635 | 353,550 | 297,000 | 374,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
DB Credit Facility | ||||||||||||||||||||
Proceeds from Credit Facility | ||||||||||||||||||||
- | - | 8,000 | 108,600 | 144,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from Credit Facility | - | - | 8,000 | 108,600 | 144,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Repayments of Credit Facility | ||||||||||||||||||||
- | 186,400 | 8,000 | 148,500 | 161,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Repayments of Credit Facility | - | 186,400 | 8,000 | 148,500 | 161,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
NMNLC Credit Facility II | ||||||||||||||||||||
Proceeds from Credit Facility | ||||||||||||||||||||
- | 7,710 | 6,305 | 5,288 | 24,225 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from Credit Facility | - | 7,710 | 6,305 | 5,288 | 24,225 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Repayments of Credit Facility | ||||||||||||||||||||
- | 10,563 | 7,237 | 16,703 | 9,025 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Repayments of Credit Facility | - | 10,563 | 7,237 | 16,703 | 9,025 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||