For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | |||
|---|---|---|---|---|
| Interest income (excluding pik)-Investment Unaffiliated Issuer | 161,267,396 | |||
| Interest income (excluding pik)-Investment Affiliated Issuer Noncontrolled | 1,954,547 | |||
| Interest income (excluding pik)-Investment Affiliated Issuer Controlled | 8,910,395 | |||
| Pik interest income-Investment Unaffiliated Issuer | 18,798,235 | |||
| Pik interest income-Investment Affiliated Issuer Noncontrolled | 1,181,713 | |||
| Pik interest income-Investment Affiliated Issuer Controlled | 1,912,033 | |||
| Dividend income-Investment Unaffiliated Issuer | 1,866,266 | |||
| Dividend income-Investment Affiliated Issuer Noncontrolled | 1,444,050 | |||
| Dividend income-Investment Affiliated Issuer Controlled | 4,434,368 | |||
| Other income-Investment Unaffiliated Issuer | 17,190 | |||
| Other income-Investment Affiliated Issuer Noncontrolled | 0 | |||
| Total investment income | 201,786,193 | |||
| Management fees | 21,833,194 | |||
| Professional fees | 3,661,258 | |||
| Administrative expenses | 1,923,224 | |||
| Insurance expense | 860,899 | |||
| Director fees | 755,000 | |||
| Custody fees | 364,323 | |||
| Incentive fees | 0 | |||
| Other operating expenses | 3,752,965 | |||
| Interest and other debt expenses | 66,091,147 | |||
| Total operating expenses, before management fee waiver | 99,242,010 | |||
| Management fee waiver (note 3) | 7,277,731 | |||
| Total operating expenses, after management fee waiver | 91,964,279 | |||
| Net investment income before taxes | 109,821,914 | |||
| Excise tax expense | 683,412 | |||
| Net investment income | 109,138,502 | |||
| Net realized gain (loss)-Investment Unaffiliated Issuer | -210,375,288 | |||
| Net realized gain (loss)-Investment Affiliated Issuer Noncontrolled | -17,474,395 | |||
| Net realized gain (loss)-Interest Rate Swap | -9,491 | |||
| Net realized gain (loss) | -278,132,766 | |||
| Net change in unrealized appreciation (depreciation)-Investment Unaffiliated Issuer | 108,089,691 | |||
| Net change in unrealized appreciation (depreciation)-Investment Affiliated Issuer Noncontrolled | -56,313,522 | |||
| Net change in unrealized appreciation (depreciation)-Interest Rate Swap | -9,316 | |||
| Net change in unrealized appreciation (depreciation) | 80,063,251 | |||
| Net realized gain (loss)-Investment Affiliated Issuer Controlled | -50,273,592 | |||
| Net change in unrealized appreciation (depreciation)-Investment Affiliated Issuer Controlled | 28,296,398 | |||
| Net realized and unrealized gain (loss) | -198,069,515 | |||
| Net increase (decrease) in net assets resulting from operations | -88,931,013 | |||
| Basic EPS | -1.05 | |||
| Diluted EPS | -1.05 | |||
| Basic Average Shares | 84,988,524 | |||
| Diluted Average Shares | 84,988,524 | |||
BlackRock TCP Capital Corp. (TCPC)
BlackRock TCP Capital Corp. (TCPC)