WOODSIDE, Calif., March 18, 2014 (GLOBE NEWSWIRE) -- GSV Capital Corp. ("GSV") (Nasdaq:GSVC), announced the filing of its annual report on Form 10-K with the United States Securities and Exchange Commission (SEC) for the fiscal year ended December 31, 2013. The Company's results for the fourth quarter and fiscal year 2013 included several accounting treatments new to GSV's financial statements and the following summary is intended to provide investors with further clarity.
GSV Financial Highlights for the year ended December 31, 2013
As reported on March 13, 2014 in the Company's earnings press release, GSV's net asset value per share increased $1.84 or 14% year-over-year to $14.91 as of year-end 2013. Further, the Company's stock increased 43% during calendar year 2013.
|Net Asset Value||Net Asset Value per Share (Basic)|
|Net Assets (at 12/31/12)||$ 252,582,801||$ 13.07|
|Net Investment Loss||$ (22,034,924)||$ (1.14)|
|Net Realized Loss||$ (21,706,021)||$ (1.12)|
|Unrealized Portfolio Appreciation 1||$ 87,445,149||$ 4.53|
|Net Deferred Income Tax Provision||$ (8,320,561)||$ (0.43)|
|Net Increase in Net Assets||$ 35,383,643||$ 1.84|
|Net Assets (at 12/31/13)||$ 287,966,444||$ 14.91|
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