Barings BDC Inc
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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FY2023 · Filed Feb 22, 2024
BBDC$8.77+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of December 31, and
Consolidated Balance Sheets
(in thousands, except share and per share data)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets: | ||
| Investments at fair value: | ||
| Non-Control / Non-Affiliate investments (cost of $2,053,548 and $2,191,345 as of December 31, 2023 and 2022, respectively) | $1,995,372 | $2,052,614 |
| Affiliate investments (cost of $378,865 and $275,482 as of December 31, 2023 and 2022, respectively) | 402,423 | 289,993 |
| Control investments (cost of $103,163 and $95,571 as of December 31, 2023 and 2022, respectively) | 90,920 | 106,328 |
| Total investments at fair value | 2,488,715 | 2,448,935 |
| Cash | 57,187 | 96,160 |
| Foreign currencies (cost of $13,023 and $42,627 as of December 31, 2023 and 2022, respectively) | 13,341 | 43,255 |
| Interest and fees receivable | 51,598 | 42,738 |
| Prepaid expenses and other assets | 3,564 | 1,079 |
| Credit support agreements (cost of $58,000 as of both December 31, 2023 and 2022, respectively) | 57,800 | 53,086 |
| Derivative assets | 1 | 1,508 |
| Deferred financing fees | 3,948 | 3,224 |
| Receivable from unsettled transactions | 1,299 | 19,972 |
| Total assets | $2,677,453 | $2,709,957 |
| Liabilities: | ||
| Accounts payable and accrued liabilities | $2,950 | $971 |
| Interest payable | 8,450 | 7,635 |
| Administrative fees payable | 536 | 677 |
| Base management fees payable | 8,347 | 7,981 |
| Incentive management fees payable | 7,737 | — |
| Derivative liabilities | 11,265 | 16,677 |
| Payable from unsettled transactions | 1,112 | 35,565 |
| Borrowings under credit facilities | 719,914 | 729,144 |
| Notes payable (net of deferred financing fees) | 720,583 | 718,978 |
| Total liabilities | 1,480,894 | 1,517,628 |
| Commitments and contingencies (Note 7) | ||
| Net Assets: | ||
| Common stock, $0.001 par value per share (150,000,000 shares authorized, 106,067,070 and 107,916,166 shares issued and outstanding as of December 31, 2023 and 2022, respectively) | 106 | 108 |
| Additional paid-in capital | 1,854,457 | 1,855,975 |
| Total distributable earnings (loss) | (658,004) | (663,754) |
| Total net assets | 1,196,559 | 1,192,329 |
| Total liabilities and net assets | $2,677,453 | $2,709,957 |
| Net asset value per share | $11.28 | $11.05 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.