EX-99.1 7 a2232064zex-99_1.htm EX-99.1

Exhibit 99.1

 

(in millions)

 

 

 

3 Months Ended

 

Year Ended

 

Year Ended

 

 

 

3/31/2017

 

12/31/2016

 

12/31/2015

 

Earnings:

 

 

 

 

 

 

 

Net increase in stockholders’ equity resulting from operations

 

$

118

 

$

474

 

$

379

 

Income tax expense, including excise tax

 

2

 

21

 

18

 

Total earnings before taxes

 

$

120

 

$

495

 

$

397

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

Interest and credit facility fees

 

$

55

 

$

186

 

$

227

 

Total fixed charges

 

$

55

 

$

186

 

$

227

 

 

 

 

 

 

 

 

 

Earnings available to cover fixed charges

 

$

175

 

$

681

 

$

624

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

3.2

 

3.7

 

2.7

 

 

 

 

 

 

 

 

 

Footnote disclosure:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total realized and unrealized gains (losses) from investment transactions and capital gains incentive fee expense accrued in accordance with GAAP

 

$

8

 

$

(15

)

$

(102

)

Earnings available to cover fixed charges excluding above

 

$

167

 

$

696

 

$

726

 

Ratio of earnings to fixed charges excluding above

 

3.0

 

3.7

 

3.2