CION Investment Corp
For the period ended Dec 31, 2023. Filed Mar 14, 2024.
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FY2023 · Filed Mar 14, 2024
CION$6.30+0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31,2023 | December 31,2022 | |
|---|---|---|
| Assets | ||
| Investments, at fair value: | ||
| Non-controlled, non-affiliated investments (amortized cost of $1,610,822 and $1,580,844, respectively) | $1,570,676 | $1,525,040 |
| Non-controlled, affiliated investments (amortized cost of $210,103 and $140,344, respectively) | 206,301 | 143,876 |
| Controlled investments (amortized cost of $154,705 and $82,421, respectively) | 177,293 | 91,114 |
| Total investments, at fair value (amortized cost of $1,975,630 and $1,803,609, respectively) | 1,954,270 | 1,760,030 |
| Cash | 8,415 | 82,739 |
| Interest receivable on investments | 36,724 | 26,526 |
| Receivable due on investments sold and repaid | 967 | 1,016 |
| Dividends receivable on controlled investments | — | 1,275 |
| Prepaid expenses and other assets | 1,348 | 825 |
| Total assets | $2,001,724 | $1,872,411 |
| Liabilities and Shareholders' Equity | ||
|---|---|---|
| Liabilities | ||
| Financing arrangements (net of unamortized debt issuance costs of $10,643 and $6,178, respectively) | $1,081,701 | $951,322 |
| Payable for investments purchased | 4,692 | — |
| Accounts payable and accrued expenses | 1,036 | 1,012 |
| Interest payable | 10,231 | 7,820 |
| Accrued management fees | 6,893 | 6,924 |
| Accrued subordinated incentive fee on income | 4,615 | 5,065 |
| Accrued administrative services expense | 2,156 | 1,703 |
| Shareholder distribution payable | 10,837 | 14,931 |
| Total liabilities | 1,122,161 | 988,777 |
| Commitments and contingencies (Note 4 and Note 11) | ||
| Shareholders' Equity | ||
| and 55,299,484 shares issued and 54,184,636 and 55,299,484 shares outstanding, respectively | 54 | 55 |
| Capital in excess of par value | 1,033,030 | 1,044,547 |
| Accumulated distributable losses | (153,521) | (160,968) |
| Total shareholders' equity | 879,563 | 883,634 |
| Total liabilities and shareholders' equity | $2,001,724 | $1,872,411 |
| Net asset value per share of common stock at end of year | $16.23 | $15.98 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.