TPG Results Presentation Deck slide image

TPG Results Presentation Deck

GAAP Statements of Operations Net income was $4.7 billion and $834 million for the year ended and quarter ended December 31, 2021, respectively, an increase of 224% over FY'20 and decrease of 27% from 4Q'20, respectively ■ ■ Net income attributable to controlling interests was $2.0 billion and $326 million for the year ended and quarter ended December 31, 2021, respectively, an increase of 118% over FY'20 and decrease of 46% from 4Q'20, respectively ($ in thousands) Revenues Fees and other Capital allocation-based income Total revenues Expenses 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 Investment income Income from investments: Net gains (losses) from investment activities Gain on deconsolidation 19-222 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 (loss) income attributable to redeemable equity in Public SPACs Net (loss) income attributable to non-controlling interests in consolidated TPG Funds Net (loss) income attributable to other non-controlling interests Net income attributable to controlling interests $ $ 4Q'20 See the Definitions and Notes pages in the Reconciliation and Disclosures section of this presentation for definitions of terms used throughout. 224,285 1,326,148 1,550,433 116,074 65,095 1,761 4,449 276 3,951 191,606 25,347 1,955 (197) (239,269) 1,031 (211,133) 1,147,694 3,933 1,143,761 (195,906) 1,402 730,107 608,158 $ $ 4Q'21 292,789 786,538 1,079,327 187,032 95,660 16,086 3,973 167 (3,895) 299,023 14,873 (499) 14,384 20,294 7,350 56,402 836,706 2,948 833,758 21,922 11,096 474,879 325,861 $ $ FY'20 883,366 1,231,472 2,114,838 522,715 260,748 7,137 18,993 722 7,241 817,556 (5,839) 401,695 8,123 (18,691) (239,269) 5,410 151,429 1,448,711 9,779 1,438,932 (195,906) (12,380) 719,640 927,578 $ $ FY'21 977,904 3,998,483 4,976,387 579,698 278,590 21,223 16,291 740 20,024 916,566 353,219 6,460 23,392 211,822 10,321 605,214 4,665,035 9,038 4,655,997 155,131 19,287 2,455,825 2,025,754 TPG | 7
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