Expanding Reach and Growth Opportunities
Unaudited Pro Forma Non-GAAP Balance Sheet Bridge
Total GAAP Assets
Impact of consolidated TPG Funds and Public SPACS
Impact of other consolidated entities
Impact of reclassification adjusments¹
Total Book Assets
Total GAAP Liabilities
Impact of consolidated TPG Funds and Public SPACS
Impact of other consolidated entities
Impact of reclassification adjusments¹
Total Book Liabilities
3Q22
$8,597
(1,010)
(5,174)
50
$2,462
$4,829
(377)
(3,974)
11
Total GAAP Redeemable equity from consolidated Public SPACS
Impact of consolidated TPG Funds and Public SPACS²
Total Book Redeemable equity from consolidated Public SPACS
$489
$651
(651)
Total GAAP Equity
Impact of consolidated TPG Funds and Public SPACS
Impact of other consolidated entities
Reclassification adjusments-
Net Book Value
1
$3,117
18
(1,201)
39
$1,973
TPG
Note: Figures above may not sum due to rounding.
1. Certain amounts were reclassified to reflect how we utilize our non-GAAP balance sheet measures. We separately analyze our investments on a non-GAAP basis between accrued performance fees and other investments, which consists of co-investments into our funds and other equity method
investments. Additionally, we reclassified U.S. GAAP financial statement amounts due from affiliates and certain amounts within other assets, net for non-GAAP purposes and reclassified U.S. GAAP financial statement amounts due to affiliates and other liabilities within accounts payable, accrued
expenses and other for non-GAAP purposes.
2. The $651.4 million redeemable equity represents ownership interest in each SPAC that is not owned by the TPG Operating Group and is presented separately from U.S. GAAP partners' capital.
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