Investor Presentaiton
Quarterly Balance Sheet
Assets
Investments, at fair value
Cash
Interest receivable on investments
Receivable due on investments sold
Dividend receivable on investments
Q2 2022
Q1 2022
Q4 2021
Q3 2021
Q2 2021
$1,805,452
42,542
$1,755,297
$1,754,039
$1,746,298
$1,724,038
17,500
3,774
2,159
1,496
21,962
21,298
21,549
21,283
20,279
2,713
7,303
2,854
19,559
8,888
135
187
2,112
3,618
466
474
426
$1,874,781
$1,805,016
$1,782,682
$1,789,908
$1,755,314
Prepaid expenses and other assets
Total Assets
Liabilities & Net Assets
Financing arrangements (net of debt issuance costs) (1)
$939,651
$867,364
$822,372
$796,673
$796,003
Payable for investments purchased
11,635
11,327
33,360
17,938
Accounts payable and accrued expenses
1,194
862
1,922
3,509
2,160
Interest payable
5,603
3,173
4,339
2,838
4,185
Accrued management fees
6,839
6,655
6,673
8,443
8,243
Accrued subordinated incentive fee on income
4,091
4,133
3,942
2,933
Accrued administrative services expense
530
376
1,595
1,139
905
Total Liabilities
$969,543
$882,563
$852,170
$848,895
$829,434
Total Net Assets
Total Liabilities and Net Assets
$905,238
$922,453
$930,512
$941,013
$925,880
$1,874,781
$1,805,016
$1,782,682
$1,789,908
$1,755,314
Net Asset Value per share
Asset coverage ratio(2)
All figures in thousands, except per share data.
$15.89
1.96
$16.20
2.05
$16.34
$16.52
$16.34
2.12
2.17
2.15
(1) The Company had debt issuance costs of $7,849 as of June 30, 2022, $7,636 as of March 31, 2022, $7,628 as of December 31, 2021, $8,327 as of September 30, 2021 and $8,997 as of June 30, 2021.
(2) Asset coverage ratio is equal to (i) the sum of (a) net assets at the end of the period and (b) total senior securities outstanding at the end of the period (excluding unfunded commitments), divided by (ii) total senior securities outstanding at
the end of the period.
CION
INVESTMENTS
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