Barings Participation Investors (MPV)

MPV Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	13.23	17.25	18.12	6.96	25.38
Other Amortization	0.06	-	-	-	-
Loss (Gain) From Sale of Investments	-0.93	-0.07	-0.03	-	-
Other Operating Activities	-1.31	0.48	-0.76	0	-
Change in Accounts Receivable	0.05	-1.92	-0.56	-0.67	-0.84
Change in Accounts Payable	-	1.46	-	-0.91	-0.52
Change in Income Taxes	-0.11	-0.03	0.13	-0.84	1.04
Change in Other Net Operating Assets	-2.29	-4.11	-0.93	-5.26	-23.78
Operating Cash Flow	8.57	12.91	15.86	-0.55	1.51
Operating Cash Flow Growth	-33.60%	-18.61%	-	-	-82.21%
Long-Term Debt Issued	28.75	8.5	15	3.7	6
Long-Term Debt Repaid	-14.75	-6.75	-16.75	-1.2	-
Net Debt Issued (Repaid)	14	1.75	-1.75	2.5	6
Issuance of Common Stock	1.35	1.23	-	-	-
Common Dividends Paid	-16.92	-15.42	-12.51	-8.69	-8.48
Other Financing Activities	-0.21	0.04	-	0.01	-0.05
Financing Cash Flow	-1.78	-12.4	-14.26	-6.18	-2.54
Foreign Exchange Rate Adjustments	0	-0	0	-0	-
Net Cash Flow	6.79	0.51	1.6	-6.74	-1.02
Cash Interest Paid	1.76	1.62	1.21	0.99	0.61
Cash Income Tax Paid	0.58	0.72	0.43	1.25	0.17
Levered Free Cash Flow	10.14	10.99	11.58	4.65	5.7
Unlevered Free Cash Flow	11.2	11.95	12.36	5.28	6.09
Change in Working Capital	-2.47	-4.74	-1.47	-7.51	-23.87

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q