NREF - Balance Sheet - NexPoint Real Estate Finance, Inc.

Current Liabilities	10 M
Accounts Payable	10 M
Short-Term Debt	0
Other Current Liabilities	0
Non-Current Liabilities	4.58 B
Long-Term Debt	4.58 B
Other Non-Current Liabilities	0

Millions

	Dec-2024	Dec-2023	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2016	Dec-2015
ASSETS
Cash & Cash Equivalents	3.9	13.8	20.0	26.5	30.2	0.3	10.8	0.5	0.6
Short Term Investments	0	0	256.1	0	0	0	0	0	0
Receivables	41.2	22.0	2.2	8.3	5.1	4.3	1 960.8	0.2	25 K
Inventory	0	0	0	0	0	(4.3)	0	0	0
Other Current Assets	0	0	0	0	0	4.3	3.4	0.3	0.4
Total Current Assets	45.1	18.1	258.3	35.2	36.1	4.6	1 975.1	0.9	1.0
PP&E	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0
Goodwill	0	0	0	0	0	0	0	0	0
Long Term Investments	77.8	114.6	110.6	58.5	44.6	40.5	42.0	5.2	0
Other Long Term Assets	0	167.8	0	0	0	(40.5)	0	39.6	40.0
Other Assets	5 293.1	6 717.9	7 785.2	8 420.3	6 095.6	2 747.7	0	0	0
Total Assets	5 416.1	7 018.4	8 154.1	8 513.9	6 176.3	2 792.7	2 017.1	45.8	41.1
LIABILITIES
Accounts Payable	10.0	6.4	8.0	7.9	4.1	0	0.2	0.9	0.3
Short Term Debt	0	303.5	331.0	286.3	161.5	0	56.8	0	0
Other Current Liabilities	0	8.2	0	(3.9)	(1.8)	0	0.7	0.4	0.8
Total Current Liabilities	10.0	318.2	345.2	294.2	165.6	1 656.1	57.7	1.5	1.3
Long Term Debt	4 581.4	6 254.7	7 263.9	7 713.0	5 606.8	2 445.0	1 719.6	37.7	36.7
Deferred Tax Income	0	0	0	(294.2)	0	0	0	0	0
Other Liabilities	0	0	0	(7 713.0)	0	(2 445.0)	0	0	0
Total Liabilities	4 993.4	6 572.8	7 609.1	8 007.2	5 772.4	2 445.0	1 777.2	39.2	38.0
EQUITY
Common Stock	0.2	0.2	0.2	92 K	50 K	0	0	10 K	5 K
Retained Earnings	(54.9)	(35.8)	4.4	28.4	3.5	0	0	(3.5)	(1.8)
Other Accumulative Comprehensive Income/Loss	0	0	0	0	0	0	0	25 K	18 K
Total Equity	422.6	445.5	545.0	506.7	403.9	347.7	239.9	6.6	3.1
Total Liabilities and Equity	5 416.1	7 018.4	8 154.1	8 513.9	6 176.3	2 792.7	2 017.1	45.8	41.1
SHARES OUTSTANDING
Common Shares Outstanding	17.4	17.2	14.7	6.6	5.2	5.0	5.0	5.0	5.0	5.0

Free