WeWork SPAC Presentation Deck
1.
FY19 and FY20 Free Cash Flow reconciliation (GAAP to Non-GAAP)
Free Cash Flow
($ in millions)
●
●
Free Cash Flow is defined as cash flow from operating activities less cash purchases of property and equipment, each as presented in the
Company's consolidated statements of cash flows calculated in accordance with GAAP.
A reconciliation of net cash provided by (used in) operating activities, the most comparable GAAP measure, to Free Cash Flow is set forth
below:
Net cash provided by (used in) operating activities (¹)
Less: Cash purchases of property and equipment (1)
Free Cash Flow
As presented in the Company's consolidated statements of cash flows.
Year Ended December 31,
2020
2019
$(857)
(1,441)
$(2,298)
$(448)
(3,488)
$(3,936)
49 | wework
Ⓒ2021 WeWork. Confidential.View entire presentation