Company: BXSL
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001736035-25-000008
Chunk: 671

Company: Blackstone Secured Lending Fund
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1B
Chunk 671
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$210,275 July 1 - July 31, 20222,394,113 $23.20 2,394,113 $154,736 August 1 - August 31, 20222,223,389 $24.22 2,223,389 $100,886 September 1 - September 30, 20222,251,657 $24.14 2,251,657 $46,527 October 1 - October 31, 20222,002,432 $23.67 2,002,432 $— Total Repurchases10,959,93110,959,931

Note 10. Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:For the Year Ended December 31,202420232022Net increase (decrease) in net assets resulting from operations$694,097 $611,951 $404,556 Weighted average shares outstanding (basic and diluted)201,372,008 167,615,433 166,072,919 Earnings (loss) per common share (basic and diluted)$3.45 $3.65 $2.44 

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Table of ContentsBlackstone Secured Lending FundNotes to Consolidated Financial Statements(in thousands, except share amounts, per share data, percentages and as otherwise noted)

Note 11. Income Taxes

Taxable income differs from net increase (decrease) in net assets resulting from operations primarily due to: (1) unrealized appreciation (depreciation) on investments, as gains and losses are generally not included in taxable income until they are realized; (2) income or loss recognition on exited investments; (3) non-deductible U.S federal excise taxes; and (4) other non-deductible expenses.The Company makes certain adjustments to the classification of net assets as a result of permanent book-to-tax differences, which include differences in the book and tax basis of certain assets and liabilities, and non-deductible federal taxes or losses among other items. To the extent these differences are permanent, they are charged or credited to additional paid in capital, undistributed net investment income or undistributed net realized gains on investments, as appropriate. For the years ended December 31, 2024, 2023 and 2022, permanent differences were as follows:For the Year Ended December 31,