Company: NMFCZ
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001496099-25-000010
Chunk: 4

Company: New Mountain Finance Corp
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 4
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 102,558,859 shares issued and outstanding, respectively1,079 1,026 Paid in capital in excess of par1,365,852 1,331,269 Accumulated undistributed earnings(13,592)(12,344)Total net assets of New Mountain Finance Corporation$1,353,339 $1,319,951 Non-controlling interest in New Mountain Net Lease Corporation5,952 11,772 Total net assets$1,359,291 $1,331,723 Total liabilities and net assets$3,246,701 $3,159,214 Number of shares outstanding107,851,415 102,558,859 Net asset value per share of New Mountain Finance Corporation$12.55 $12.87 

The accompanying notes are an integral part of these consolidated financial statements.88

New Mountain Finance Corporation

Consolidated Statements of Operations

(in thousands, except shares and per share data) Year Ended December 31, 202420232022Investment income   From non-controlled/non-affiliated investments:   Interest income (excluding Payment-in-kind ("PIK") interest income)$232,023 $249,851 $184,367 PIK interest income17,573 15,968 11,767 Dividend income3,987 193 193 Non-cash dividend income19,286 17,481 14,071 Other income7,686 4,981 9,156 From non-controlled/affiliated investments:   Interest income (excluding PIK interest income)1,443 1,951 1,062 PIK interest income3,648 2,183 1,043 Non-cash dividend income5,843 4,625 4,109 Other income250 251 250 From controlled investments:   Interest income (excluding PIK interest income)5,800 5,386 9,438 PIK interest income15,649 15,443 4,516 Dividend income48,640 45,905 43,149 Non-cash dividend income6,446 5,303 4,363 Other income3,392 5,315 7,146 Total investment income371,666 374,836 294,630 Expenses   Interest and other financing expenses136,636 124,784 92,