Despite a load of bollox spoken since he returned to the club, Kinnear has got those facts just about right.
Since the former West Ham boss replaced Chris Hughton in December 2010 he has spent £59,100,000 - but brought in £60,850,000.
We at NU-MAD had words to say about the sale of Andy Carroll when it seemed the £35m all but disappeared, but the figures show that was not the case.
Pardew has been desperate to bring in new faces this summer, and we were lead down the garden path with many of those deals.
But Kinnear is quick to say that Vurnon Anita, Mathieu Debuchy, Mapou Yanga-Mbiwa, Yoan Gouffran, Massadio Haïdara, Moussa Sissoko and Kevin Mbabu - brought in last season - were all big money deals.
Here are the facts and figures; make of them what you will.
Demba Ba ... came for free but left for £7m
PARDEW SIGNINGS
2011-01-05 MF Hatem Ben Arfa OlympiqueMarseille £2m loan + £5m
2011-02-10 FW Shefki Kuqi Free agent Free
2011-05-25 MF Mehdi Abeid Lens Free
2011-06-10 MF Yohan Cabaye Lille £4,300,000
2011-06-17 FW Demba Ba West Ham United Free
2011-06-18 MF Sylvain Marveaux Rennes Free
2011-08-09 MF Gabriel Obertan Manchester United £3,250,000
2011-08-30 DF Davide Santon Internazionale £5,000,000
2011-08-30 GK Rob Elliot Charlton Athletic £300,000
2012-01-17 FW Papiss Cissé SC Freiburg £9,000,000
1 July 2012 MF Romain Amalfitano Reims Free
6 July 2012 MF Gaël Bigirimana Coventry City £1,000,000
31 July 2012 DF Curtis Good Melbourne Heart £500,000
15 August 2012 MF Vurnon Anita Ajax £6,700,000
4 January 2013 DF Mathieu Debuchy Lille £5.5 million
22 January 2013 DF Mapou Yanga-Mbiwa Montpellier £6.7 million
23 January 2013 FW Yoan Gouffran Bordeaux £1.4 million
24 January 2013 DF Massadio Haïdara Nancy £2 million
24 January 2013 MF Moussa Sissoko Toulouse £2.1 million
31 January 2013 DF Kevin Mbabu Servette £1 million
4 July 2013 MF Olivier Kemen Metz £350,000
5 August 2013 ST Loïc Rémy Queens Park Rangers £2 million
Total spending: ~ £59,100,000
Kevin Nolan ... £4m bargain
PLAYERS WHO LEFT
2011-01-31 FW Andy Carroll Liverpool £35m
2011-05-25 DF Sol Campbell Free agent Free
2011-05-25 FW Shefki Kuqi Oldham Athletic Free
2011-06-16 MF Kevin Nolan West Ham United £4,000,000
2011-06-23 MF Ben Tozer Northampton Town Free
2011-06-30 MF Patrick McLaughlin York City Free
2011-06-30 DF Matthew Grieve Ashington Free
2011-06-30 MF Daniel Leadbitter Torquay United Free
2011-06-30 FW Andy Mogwo West Auckland Town Free
2011-06-30 MF Ryan Page North Shields Free
2011-06-30 GK Ben Robinson Trafford Free
2011-06-30 FW Aaron Spear ÍBV Free
2011-08-04 MF Wayne Routledge Swansea City £2,000,000
2011-08-12 DF José Enrique Liverpool £6,000,000
2011-08-26 MF Joey Barton Queens Park Rangers Free
2011-09-16 MF Fabio Zamblera Free agent Free
2011-11-21 MF Kazenga LuaLua Brighton & Hove £1,000,000
2012-02-15 MF Jóan Símun Edmundsson Viking FK Free
2012-04-01 GK Ole Söderberg Molde FK Free
1 June 2012 MF Alan Smith Milton Keynes Dons Free
1 June 2012 FW Peter Løvenkrands Birmingham City Free
1 June 2012 MF Danny Guthrie Reading Free
1 June 2012 FW Samuel Adjei Free agent Free
1 June 2012 FW Phil Airey Blyth Spartans Free
1 June 2012 MF Ryan Donaldson Gateshead Free
1 June 2012 DF Stephen Folan Limerick Free
1 June 2012 DF Tamás Kádár Roda JC Free
1 June 2012 MF Greg McDermott Stockport County Free
1 June 2012 DF Patrick Nzuzi Free agent Free
1 June 2012 FW Ryan McGorrigan Gateshead Free
1 June 2012 MF Daniel Taylor Oldham Athletic Free
1 June 2012 DF Jeff Henderson Sligo Rovers Free
1 June 2012 DF Michael Hoganson Derby County Free
1 June 2012 GK Alex Baird Free agent Free
1 June 2012 FW Billy Ions Leeds United Free
1 June 2012 MF Ben Sayer Free agent Free
1 June 2012 DF Louis Storey Ashington Free
1 June 2012 DF Lee Toland Glenavon Free
2 July 2012 FW Leon Best Blackburn Rovers £3,000,000
5 July 2012 GK Fraser Forster Celtic £2,000,000
4 January 2013 FW Demba Ba Chelsea £7 million
31 January 2013 FW Xisco Córdoba Free
31 January 2013 MF Marcus Maddison St. Johnstone Free
31 January 2013 DF Michael Riley Free agent Free
31 January 2013 FW JJ Hooper Free agent Free
31 January 2013 FW Dennis Knight Free agent Free
1 March 2013 FW Nile Ranger Free agent Free
1 July 2013 LW Yven Moyo Free agent Free
1 July 2013 CB Alex Nicholson Free agent Free
1 July 2013 RB Lee Desmond Free agent Free
1 July 2013 RB Alex Kitchen St Johnstone Free
1 July 2013 RW Esteban Cardona Lopez Free agent Free
1 July 2013 MF Bradden Inman Crewe Alexandra £100,000
1 July 2013 RB Danny Simpson Queens Park Rangers Free
3 July 2013 RB James Perch Wigan Athletic £750,000
15 July 2013 GK Steve Harper Hull City Free
Total income: ~ £60,850,000
Saturday September 14
12:45 Man Utd v Crystal Palace
15:00 Aston Villa v Newcastle United
15:00 Fulham v West Brom
15:00 Hull City v Cardiff City
15:00 Stoke City v Manchester City
15:00 Sunderland v Arsenal
15:00 Tottenham v Norwich City
17:30 Everton v Chelsea
Sunday September 15
16:00 Southampton v West Ham United
Monday September 16
20:00 Swansea City v Liverpool
NEWCASTLE UTD RESULTS
PREMIER LEAGUE
NEWCASTLE 1 FULHAM 0 (Ben Arfa)
Krul, Debuchy, Yanga-Mbiwa, Coloccini, Santon, Ben Arfa, Sissoko, Anita 65' (Cabaye), Marveaux 74' (Remy), Shola Ameobi 65' (Gouffran), Cisse
Subs: Gosling, Elliot, Sammy Ameobi, Dummett
NEWCASTLE 0 WEST HAM 0
Krul, Debuchy, Yanga-Mbiwa, Coloccini, Santon, Ben Arfa, Sissoko, Anita, Marveaux 66' (Sammy Ameobi), Shola Ameobi, Cisse 72'
Subs: Gosling, Bigirimana, Elliot, Vuckic, Dummett
MAN CITY 4 NEWCASTLE 0
Krul, Debuchy, Coloccini, S Taylor, Yanga-Mbiwa, Sissoko, Tiote, Gouffran 45+4' (Dummett), Ben Arfa 65' (Sammy Ameobi), Gutierrez 44' (Anita), Cisse
Subs: Elliot, Marveaux, Shola Ameobi, Obertan
LEAGUE CUP
MORECAMBE 0 NEWCASTLE 2 (Shola Ameobi, Sammy Ameobi)
Elliot, Debuchy, Yanga-Mbiwa, Good, Dummett, Bigirimana, Gosling, Marveaux 88' (Sissoko), Vuckic 46' (Shola Ameobi), Sammy Ameobi, Gouffran 71' (Ben Arfa)
Subs: Santon, Anita, Alnwick, Streete
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NEWCASTLE UTD 1 FULHAM 0
1. Tim Krul
26. Mathieu Debuchy
13. Mapou Yanga-Mbiwa
2. Fabricio Coloccini
3. Davide Santon
10. Hatem Ben Arfa
7. Moussa Sissoko
8. Vurnon Anita 65'
22. Sylvain Marveaux 74'
23. Shola Ameobi 65'
9. Papiss Cisse
Subs
4. Yohan Cabaye 65'
11. Yoan Gouffran 65'
14. Loic Remy 74'
15. Dan Gosling
21. Rob Elliot
28. Sammy Ameobi
36. Paul Dummett
Hatem Ben Arfa ended Newcastle's wait for a Barclays Premier League goal after 411 minutes to hand Alan Pardew a precious victory over Fulham.
The France international produced a piece of individual magic four minutes from time to create half a yard of space and rifle a stunning left-foot shot past the helpless David Stockdale to claim a first league win of the season.
Until his last-gasp intervention, it looked like being another frustrating afternoon for Pardew and his players as chances came and went without the deadlock being broken.
Papiss Cisse saw a 78th-minute header come back off the crossbar and Yoan Gouffran, who passed up a glorious opportunity against West Ham last weekend, glanced a header harmlessly wide with the goal with his mercy after Yohan Cabaye had been introduced to a mixed reception as a second-half substitute.
But Ben Arfa's inspiration proved enough to send Newcastle into the international break with the win they craved, although with Cabaye's future unresolved and a desperate search for reinforcements ongoing.
Newcastle dominated for long periods as Fulham arrived prepared to soak up what pressure their hosts could muster and then hit them on the break.
However, the killer instinct which has deserted since the end of last season continued to be conspicuous by its absence as a series of openings, albeit few of them clear-cut, went begging.
Mathieu Debuchy and Cisse were both denied by Stockdale before the break, and the keeper did well to claim Ben Arfa's deflected 62nd-minute effort.
Pardew sent on loan signing Loic Remy, the only new face to arrive at St James' Park so far this summer, with 16 minutes remaining, and his arrival prompted a fresh assault on the Fulham goal, although ultimately to no avail.
And it might have been even worse for the 52-year-old when Adel Taarabt was presented with the ball by Fabricio Coloccini 15 yards out, although keeper Tim Krul, who had earlier clawed away Bryan Ruiz's goal-bound free-kick, saved once again.
NEWCASTLE UTD FIXTURES
Saturday September 14
15:00 Premier League
Aston Villa v Newcastle United
Saturday September 21
15:00 Premier League
Newcastle United v Hull City
Wednesday September 25
19:45 League Cup - 3rd Rnd
Newcastle United v Leeds United
Monday September 30
20:00 Premier League
Everton v Newcastle United
Saturday October 5
15:00 Premier League
Cardiff City v Newcastle United
Saturday October 19
12:45 Premier League
Newcastle United v Liverpool
Sunday October 27
13:30 Premier League
Sunderland v Newcastle United