TPG Results Presentation Deck
Pro Forma GAAP Statements of Operations Expanded
($ in thousands)
Pro Forma Revenues
Fees and other
Capital allocation-based income
Total revenues
Pro Forma Expenses
Compensation and benefits
Cash-based compensation and benefits
Equity-based compensation
Performance allocation compensation
Total compensation and benefits
General, administrative and other
Depreciation and amortization
Interest expense
Expenses of consolidated TPG Funds and Public SPACs:
Interest expense
Other
Total expenses
Pro Forma Investment income
Income from investments:
Net gains (losses) from investment activities
Interest, dividends and other
Investment income of consolidated TPG Funds and Public SPACs:
Net gains (losses) from investment activities
Unrealized gains (losses) on derivative liabilities
Interest, dividends and other
Total investment income
Income before income taxes
Income tax expense
Net income
Less:
Net income attributable to redeemable equity in Public SPACs prior to IPO
Net income attributable to non-controlling interests in consolidated TPG Funds prior to IPO
Net income attributable to other non-controlling interests prior to IPO
Net income attributable to TPG Group Holdings prior to IPO
Net income attributable to redeemable equity in Public SPACs
Net income attributable to non-controlling interests in TPG Operating Group
Net income attributable to other non-controlling interests
Net income attributable to TPG Inc. subsequent to IPO
See notes on the following pages.
$
$
1Q'21
215,885 $ 200,672 $
995,238 1,979,207
1,211,123
2,179,879
96,212
125,641
601,595
823,448
53,130
1,364
4,919
8,187
891,048
20,070
979
87,600
11
108,660
428,735
17,168
411,567
63,558
301,005
2Q'21
47,004 $
96,101
125,643
1,244,323
1,466,067
61,166
1,522
5,024
2,879
1,536,658
7,572
5,508
96,723
14
109,817
753,038
27,033
726,005
73,901
567,229
84,875 $
3Q'21
102,995
125,004
190,279
418,278
68,634
2,251
5,368
285,415 $ 296,739 $ 273,005 $
236,294
779,091
1,075,830
837,705
1,110,710
521,709
11,658
506,189
200,425
472
7,205
11
208,113
223,633
18,532
205,101
(4,250)
151,128
4Q'21
58,223 $
144,112
124,319
502,308
770,739
95,660
16,086
4,971
(4,329)
883,127
32,292
(499)
20,294
6,257
58,344
251,047
15,246
235,801
21,922
1Q'22
172,632
41,247 $
116,359
185,911
3,138
825,408
102,264
8,699
4,638
1,523
942,532
6,643
204
2,657
126
9,630
177,808
15,004
162,804
(517)
966
5,256
1,823
(4,912)
118,904
41,284 $
2Q'22
115,639
145,140
(298,026)
(37,247)
77,671
8,558
4,731
289,955 $ 562,960 $
(398,237)
(108,282)
439,468
1,002,428
457
54,170
(99,395)
782
5,823
843
(91,947)
(254,399)
8,098
(262,497)
2Q'22 YTD
4,058
(128,869)
(127,827)
(9,859) $
231,998
331,051
225,112
788,161
179,935
17,257
9,369
(92,752)
986
8,480
969
(82,317)
(76,591)
23,102
(99,693)
2Q'22 LTM
(517)
9,309
1,980
996,702 2,386,018
966
5,256
5,881
(133,781)
(8,923)
31,425 $
1,145,114
1,454,853
2,599,967
479,105
580,374
917,699
1,977, 178
344,229
35,594
19,708
139,965
959
35,979
7,237
184,140
398,089
56,880
341,209
(517)
966
5,256
23,553
(133,781)
314,837
130,895
TPG | 35View entire presentation