Operating expenses decreased in the first quarter in 2010 as compared to 2009 and this was largely the result of lower management fees and lower interest expense. Net unrealized appreciation for the quarter was $2.6 million after a small provision for income tax as we had modest increases in the evaluations of a couple of our portfolio investments. We did not have any realized gains or losses in the first quarter.Our net asset value per share as of quarter end after giving effect to the 17% per share dividend and the results for operations was $11.17.
NGP Capital Resources Company Q1 2010 Earnings Call Transcript
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