Och-Ziff Capital Management Group: Unaudited Reconciliation Of Financial Data

The following excerpt is from the company's SEC filing.

The following tables present the historical unaudited financial information for the Credit parties and their consolidated subsidiaries (the

Och-Ziff Operating Group

) as of and for the

nine months ended

September 30, 2015

. The Och-Ziff Operating Group does not report audited or unaudited financial information on a stand-alone basis. Accordingly, the financial data presented herein for the Och-Ziff Operating Group and its consolidated subsidiaries has been reconciled to Och-Ziff Capital Management Group LLC’s financial statements for the relevant periods. You should read this d ata in conjunction with Och-Ziff Capital Management Group LLC’s financial statements and the related notes included in its

Quarterly Report on Form 10-Q

, which was filed with the U.S. Securities and Exchange Commission on

November 3, 2015

Consolidated

Och-Ziff Funds

and Related

Eliminations

Och-Ziff Capital Management Group LLC Consolidated

(dollars in thousands)

Assets

Cash and cash equivalents

265,759

45,586

311,345

Income and fees receivable

130,150

(78,173

51,977

Due from related parties

70,670

(1,594

(61,342

Deferred income tax assets

726,785

730,372

Other assets, net

182,489

(19,327

37,160

200,322

Assets of consolidated Och-Ziff funds:

Investments, at fair value

8,908,111

Other assets of Och-Ziff funds

284,242

Total Assets

652,655

9,093,259

748,189

10,494,103

Liabilities and Shareholders' Equity

Due to related parties

653,241

654,846

Debt obligations

449,655

Compensation payable

34,721

Other liabilities

81,696

82,065

Liabilities of consolidated Och-Ziff funds:

Notes payable of consolidated CLOs, at fair value

6,704,556

Securities sold under agreements to repurchase

230,550

Other liabilities of Och-Ziff funds

52,119

Total Liabilities

567,677

6,987,225

653,610

8,208,512

Redeemable Noncontrolling Interests

857,609

Class A Shares, no par value

Class B Shares, no par value

Paid-in capital

12,609,706

(9,569,459

3,040,247

Appropriated retained deficit

(19,466

Retained earnings (accumulated deficit)

(12,526,871

9,160,400

(3,366,471

Shareholders' equity (deficit) attributable to Class A Shareholders

82,835

(409,059

(345,690

Shareholders' equity attributable to noncontrolling interests

1,267,891

503,638

1,773,672

Total Shareholders' Equity

84,978

1,248,425

94,579

1,427,982

Total Liabilities, Redeemable Noncontrolling Interests and Shareholders' Equity

Includes amounts related to entities not included in the Och-Ziff Operating Group or the consolidated Och-Ziff funds, including related eliminations.

Nine Months Ended September 30, 2015

Revenues

Management fees

530,982

(34,775

496,207

Incentive income

176,435

(55,173

121,262

Other revenues

Income of consolidated Och-Ziff funds

361,136

Total Revenues

708,923

271,188

980,153

Expenses

Compensation and benefits

211,895

Reorganization expenses

12,052

Interest expense

16,033

General, administrative and other

179,594

(52,262

127,332

Expenses of consolidated Och-Ziff funds

220,847

Total Expenses

419,574

588,159

Other Income

Net gains on investments in Och-Ziff funds and joint ventures

(1,582

Net gains of consolidated Och-Ziff funds

21,859

Total Other Income

20,277

21,902

Income Before Income Taxes

290,974

70,618

52,304

413,896

Income taxes

12,742

106,865

119,607

Consolidated and Total Comprehensive Net Income (Loss)

278,232

(54,561

294,289

Allocation of Consolidated and Total Comprehensive Net Income (Loss)

102,609

48,048

Noncontrolling interests

175,623

94,723

270,346

Redeemable noncontrolling interests

(24,105

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here. Och-Ziff Capital Management Group LLC next reports earnings on November 03, 2015.

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