Company: NMFCZ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001496099-25-000027
Chunk: 65

Company: New Mountain Finance Corp
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 65
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,556 

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)

Six Months EndedJune 30, 2025June 30, 2024Cash flows from operating activitiesNet increase in net assets resulting from operations$31,392 $62,868 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(51,214)42,993 Net change in unrealized depreciation (appreciation) of investments and New Mountain Net Lease Corporation89,607 (33,529)Net change in unrealized appreciation on translation of assets and liabilities in foreign currencies(602)(106)Net change in unrealized depreciation of securities purchased under collateralized agreements to resell— 3,000 Amortization of purchase discount(5,841)(4,014)Amortization of deferred financing costs4,539 4,001 Amortization of premium on 2022 Convertible Notes(45)(57)Amortization of discount on 6.875% and 6.200% Unsecured Notes618 257 Net change due to hedging activity(851)377 Non-cash investment income(27,171)(29,404)(Increase) decrease in operating assets:Purchase of investments and delayed draw facilities(243,438)(630,519)Proceeds from sales and paydowns of investments342,004 454,546 Cash received for purchase of undrawn portion of revolving credit or delayed draw facilities204 397 Cash paid for purchase of drawn portion of revolving credit facilities— (48)Cash paid on drawn revolvers(18,844)(20,360)Cash repayments on drawn revolvers8,831 17,037 Deferred tax asset— 594 Interest and dividend receivable(763)(3,966)Receivable from unsettled securities sold(4,386)— Receivable from affiliates(200)(72)Other assets(15,120)(12,231)(Decrease) increase in operating liabilities:Management fee payable(708)374 Incentive fee payable(3,241)995 Payable for unsettled securities purchased29,562 51,132 Interest payable(1,551)2,497 Deferred tax liability43 63 Payable