Company: FCRX
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000950170-25-023153
Chunk: 643

Company: Crescent Capital BDC, Inc.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 643
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        $
        67,081

        $
        55,288

        Capital Gain

        —

        —

        —

        Total
         
        $
        75,606

        $
        67,081

        $
        55,288

       For years ended December 31, 2024, 2023, and 2022, 86.4%, 84.5%, and 83.8%, respectively, of ordinary income qualified as interest related dividend, which is exempt from U.S. withholding tax applicable to non U.S. stockholders. The components of distributable earnings on a tax basis detailed below differ from the amounts reflected in the Company’s Consolidated Statements of Assets and Liabilities due to temporary and permanent differences. Taxable income generally differs from net increase (decrease) in net assets resulting from operations due to temporary and permanent differences in the recognition of income and expenses, and generally excludes net unrealized gains or losses, as unrealized gains or losses are generally not included in taxable income until they are realized. The following table shows the components of accumulated losses on a tax basis for the years ended December 31, 2024, 2023, and 2022:  

        2024

        2023

        2022

        Undistributed net investment income
         
        $
        45,921

        $
        34,975

        $
        15,656

        Other temporary differences

        (423
        )

        (428
        )

        (437
        )

        Post October loss deferrals
         
        -

        -

        —

        Capital loss carryover

        (203,875
        )

        (196,476
        )

        (41,134
        )

        Unrealized appreciation (depreciation)

        (60,121
        )

        (61,409
        )

        (36,583
        )

        Components of tax distributable earnings at year end
         
        $
        (218,498
        )
         
        $
        (223,338
        )
         
        $
        (62,498
        )
       
      Note, taxable income is an estimate and is not fully determined until the Company’s tax return is filed.The Company makes certain adjustments to the classification of stockholders’ equity as a result of permanent book-to-tax differences, which include differences in the book and tax basis of certain assets and liabilities,