TPG Results Presentation Deck slide image

TPG Results Presentation Deck

GAAP Balance Sheet (Unaudited) In 4Q'21 we effectuated certain aspects of the Reorganization with respect to assets transferred to Remain Co, including cash and economic entitlements associated with certain other investments, which is reflected in our GAAP actuals; the pro forma column includes the impact of the IPO and additional Reorganization activities ■ Our investments decreased $556 million, or 8%, from 3Q'21 to 4Q'21 largely due to the Reorganization offset by value creation of 7% in 4Q'21 ($ in thousands) Assets Cash and cash equivalents Investments Other assets Assets of consolidated TPG Funds and public SPACs Total assets Liabilities, redeemable equity and partners' capital Liabilities Debt obligations Due to affiliates Other liabilities Liabilities of consolidated TPG Funds and public SPACs Total liabilities Redeemable equity from consolidated public SPACS Partners' capital Class A common stock Class B common stock Additional paid-in-capital Partners' capital controlling interests Other non-controlling interests Total partners' capital Total liabilities, redeemable equity and equity $ $ 3Q'21 1,783,221 6,664,831 681,430 1,640,551 10,770,033 244,874 1,187,688 564,028 170,011 2,166,601 1,285,021 3,506,720 3,811,691 7,318,411 10,770,033 GAAP $ $ 4Q'21 972,729 6,109,046 855,773 1,024,465 8,962,013 444,444 826,999 372,597 56,532 1,700,572 1,000,027 1,606,593 4,654,821 6,261,414 8,962,013 $ $ 3Q'21 Pro Forma 2,125,738 5,943,421 672,068 1,291,103 10,032,330 444,874 945,056 4,029,966 88,718 5,508,614 1,285,021 79 230 509,424 2,728,962 3,238,695 10,032,330 $ $ 4Q'21 1,376,746 6,109,046 831,785 1,024,465 9,342,042 444,444 634,324 4,196,552 56,532 5,331,852 1,000,027 79 230 498,251 2,511,603 3,010,163 9,342,042 Note: Pro forma financial measures are on an adjusted basis, assuming the Reorganization and IPO occurred on January 1, 2020; see the Reconciliations and Disclosures section of this presentation for a full reconciliation and description of adjustments. TPG | 16
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