EX-99.1 7 fp0006565_ex991.htm fp0006565_ex991.htm
 
   
For the Year Ended
October 31, 2012
Proforma for Debt Offering
    
For the Year Ended
October 31, 2012
    
For the Year Ended
October 31, 2011
    
For the Year Ended
October 31, 2010
    
For the Year Ended
October 31, 2009
    
For the Year Ended
October 31, 2008
  
Earnings:
                                    
Net increase (decrease) in net assets
                                    
     resulting from operations
   $ (23,362,920 )   $ (21,654,676 )   $ 6,970,979     $ 16,132,762     $ 14,247,489     $ 63,951,643  
Income tax expense (benefit), including
                                                
     excise tax
     3,997       3,997       13,557       8,476       1,376,819       (936,396 )
          Total earnings before taxes
   $ (23,358,923 )   $ (21,650,679 )   $ 6,984,536     $ 16,141,238     $ 15,624,308     $ 63,015,247  
                                                 
Fixed Charges:
                                                
Interest and other borrowing costs (1)
   $ 5,075,000     $ 3,366,756     $ 3,082,125     $ 2,824,788     $ 3,127,594     $ 4,463,822  
          Total fixed charges
   $ 5,075,000     $ 3,366,756     $ 3,082,125     $ 2,824,788     $ 3,127,594     $ 4,463,822  
                                                 
Earnings available to cover fixed
                                                
     charges
   $ (18,283,923 )   $ (18,283,923 )   $ 10,066,661     $ 18,966,026     $ 18,751,902     $ 67,479,069  
                                                 
Ratio of earnings to fixed charges
     -3.60 x     -5.43 x     3.27 x     6.71 x     6.00 x     15.12 x
 
(1) includes interest, credit facility fees and amortized capitalized expenses related to indebtedness