EX-99.1 2 d738500dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

Altaba Inc.

Unaudited Consolidated Statement of Assets and Liabilities

(in thousands, except per share amounts)

 

     March 31, 2019     December 31, 2018  

ASSETS

    

Restricted cash

   $ 2,041,983     $ 657,190  

Foreign currency (cost $0)

     —         1,307  

Receivable for investments sold

     —         742  

Interest receivable

     2,427       6,034  

Dividend receivable

     3,221       5,810  

Unaffiliated investments, at value including:

     4,081,899       7,695,604  

Marketable securities, $4,081,714 as of March 31, 2019

    

Equity securities, $185 as of March 31, 2019

    

Affiliated investments

     51,690,898       38,834,044  

Investment in controlled affiliate

     250,000       250,000  

Other assets

     105,757       103,080  
  

 

 

   

 

 

 

Total assets

   $ 58,176,185     $ 47,553,811  
  

 

 

   

 

 

 

LIABILITIES

    

Deferred tax liabilities on unrealized appreciation

   $ 10,865,581     $ 8,004,972  

Margin loan payable

     3,000,000       3,000,000  

Interest payable on margin loan

     38,319       —    

Deferred and other tax liabilities

     1,123,695       1,134,899  

Written warrants (premiums received $75,067)

     82,457       23,974  

Payable to directors, officers and employees

     12,582       14,721  

Payable to advisors

     726       974  

Other liabilities

     157,052       218,196  
  

 

 

   

 

 

 

Total liabilities

   $ 15,280,412     $ 12,397,736  
  

 

 

   

 

 

 

Net assets

   $ 42,895,773     $ 35,156,075  
  

 

 

   

 

 

 

Shares outstanding

     536,137,103       567,464,270  

NAV per share

   $ 80.01     $ 61.95  

Shares outstanding rollforward:

    

Shares outstanding at December 31, 2018

     567,464,270    

Share repurchases

     (31,327,167  
  

 

 

   

Shares outstanding at March 31, 2019

     536,137,103