Company: NMFCZ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001496099-25-000018
Chunk: 23

Company: New Mountain Finance Corp
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 1
Chunk 23
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Net investment income$34,641 $37,554 Net realized gains (losses) on investments and foreign currency37,825 (11,827)Net change in unrealized (depreciation) appreciation of investments, foreign currency and New Mountain Net Lease Corporation(48,927)2,994 Provision for taxes(22)(637)Net increase in net assets resulting from operations23,517 28,084 Less: Net increase in net assets resulting from operations related to non-controlling interest in New Mountain Net Lease Corporation ("NMNLC")(104)(676)Net increase in net assets resulting from operations related to New Mountain Finance Corporation23,413 27,408 Capital transactionsNet proceeds from shares sold— 47,919 Offering costs(28)(81)Distributions declared to stockholders from net investment income(34,512)(38,265)Total net (decrease) increase in net assets resulting from capital transactions(34,540)9,573 Net (decrease) increase in net assets(11,127)36,981 New Mountain Finance Corporation net assets at the beginning of the period1,353,339 1,319,951 New Mountain Finance Corporation net assets at the end of the period 1,342,212 1,356,932 Non-controlling interest in NMNLC5,966 12,251 Net assets at the end of the period$1,348,178 $1,369,183 Capital share activityShares sold— 3,730,434 Net increase in shares outstanding— 3,730,434 

The accompanying notes are an integral part of these consolidated financial statements.5

New Mountain Finance Corporation

Consolidated Statements of Cash Flows

(in thousands)

(unaudited)

Three Months EndedMarch 31, 2025March 31, 2024Cash flows from operating activitiesNet increase in net assets resulting from operations$23,517 $28,084 Adjustments to reconcile net increase in net assets resulting from operations to net cash (used in) provided by operating activities:Net realized (gains) losses on investments(37,825)11,827 Net change in unrealized depreciation (appreciation) of investments and New Mountain Net Lease Corporation49,077 (3,017)Net change in unrealized (appreciation) depreciation on translation of assets and liabilities in foreign currencies(150)23 Amortization