Print Page     Close Window     

SEC Filings

AGNC INVESTMENT CORP. filed this Form 10-Q on 05/06/2015
Entire Document

transparency into the information used by our management in its financial and operational decision-making and that it is meaningful information to consider related to: (i) the economic costs of financing our investment portfolio inclusive of interest rate swaps used to economically hedge against fluctuations in our borrowing costs, (ii) in the case of net spread and dollar roll income, our current financial performance without the effects of certain transactions that are not necessarily indicative of our current investment portfolio and operations, and (iii) in the case of estimated taxable income, information that is directly related to the amount of dividends we are required to distribute in order to maintain our REIT qualification status. However, because such measures are incomplete measures of our financial performance and involve differences from results computed in accordance with GAAP, they should be considered as supplementary to, and not as a substitute for, our results computed in accordance with GAAP. In addition, because not all companies use identical calculations, our presentation of such non-GAAP measures may not be comparable to other similarly-titled measures of other companies. Furthermore, estimated taxable income can include certain information that is subject to potential adjustments up to the time of filing our income tax returns, which occurs after the end of our fiscal year.

Selected Financial Data

The following selected financial data is derived from our interim consolidated financial statements and the notes thereto. The tables below present our condensed consolidated balance sheets as of March 31, 2015 and December 31, 2014 and our condensed consolidated statements of comprehensive income and key statistics for the three months ended March 31, 2015 and 2014 (in millions, except per share amounts):

($ in millions, except per share amounts)
Balance Sheet Data
March 31, 2015
December 31, 2014
Investment portfolio, at fair value


Total assets


Repurchase agreements and other debt


Total liabilities


Total stockholders' equity


Net asset value per common share as of period end 1




© AGNC Investment Corp All Rights Reserved