Company: NMFCZ
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001496099-25-000010
Chunk: 293

Company: New Mountain Finance Corp
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 293
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 1,321,245 New Mountain Finance Corporation net assets at the end of the period1,353,339 1,319,951 1,314,473 Non-controlling interest in NMNLC5,952 11,772 11,718 Net assets at the end of the period$1,359,291 $1,331,723 $1,326,191 Capital share activityShares sold5,292,556 1,621,833 2,950,300 Shares issued from the reinvestment of distributions— — 79,285 Net increase in shares outstanding5,292,556 1,621,833 3,029,585 

The accompanying notes are an integral part of these consolidated financial statements.90

New Mountain Finance Corporation

Consolidated Statements of Cash Flows

(in thousands) Year Ended December 31, 202420232022Cash flows from operating activities   Net increase in net assets resulting from operations$114,503 $136,090 $74,528 Adjustments to reconcile net (increase) decrease in net assets resulting from operations to net cash (used in) provided by operating activities:   Net realized losses (gains) on investments and New Mountain Net Lease Corporation ("NMNLC")41,832 32,854 (52,703)Net realized gains on translation of assets and liabilities in foreign currencies(420)(13)(827)Net change in unrealized (appreciation) depreciation of investments and NMNLC(15,675)(10,316)84,134 Net change in unrealized depreciation (appreciation) on translation of assets and liabilities in foreign currencies606 (100)1,115 Net change in unrealized depreciation of securities purchased under collateralized agreements to resell3,000 39 4,883 Amortization of purchase discount(7,406)(6,328)(5,631)Amortization of deferred financing costs9,797 6,780 6,837 Amortization of premium on Convertible Notes(116)(130)(130)Amortization of discount on 6.875% and 6.200% Unsecured Notes736 — — Net change due to hedging activity209 — — Non-cash investment income(70,123)(61,492)(40,037)(Increase) decrease in operating assets:   Cash paid for