Barings BDC, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $101.9M | $110.3M | $128.0M | $4.7M | $77.7M | $8.2M |
| Depreciation & Amortization | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — |
| Net Cash from Operating Activities | $160.5M | $122.2M | $76.9M | $86.3M | $-396.6M | $-218.1M |
| Investing Activities | ||||||
| Capital Expenditures | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | — | — | — | — | — |
| Financing Activities | ||||||
| Dividends Paid | $125.2M | $110.1M | $109.0M | $93.7M | $53.6M | $31.3M |
| Stock Repurchases | $6.3M | $6.4M | $14.8M | $32.1M | $0 | $7.1M |
| Net Cash from Financing Activities | $-185.1M | $-101.4M | $-145.8M | $-31.1M | $388.3M | $288.6M |
| Net Change in Cash | $-24.6M | $20.8M | $-68.9M | $55.2M | $-8.2M | $70.5M |
| Free Cash Flow | — | — | — | — | — | — |