SoftBank Results Presentation Deck
Status of Investment and Financial Support for WeWork
a
b
C
d
e
f
WeWork stocks and warrants held by SVF1 and SVF2
WeWork convertible bonds with a face value of $457.1M
held by SVF2
WeWork unsecured notes with a face value of $1.65B
having been held by SBG/SVF2
(exchanged for stocks (a) & convertible bonds (b) in
FY23Q1)
WeWork senior secured notes with a face value of $0.30B
having been held by SVF2
(redeemed in FY23Q1)
Commitment by SVF2 to acquire WeWork notes up to
$0.30B
Credit support by SVF2 for a letter of credit facility up to
$1.43B provided to WeWork by financial institutions
Account
Loss on investments at
SoftBank Vision Funds
Loss on equity method
investments/Other loss
P/L
Loss on investments at
SoftBank Vision Funds
Other loss
(loss on unsecured notes
derecognized)
Gain on investments at
SoftBank Vision Funds
Other gain
Loss on investments at
SoftBank Vision Funds
Other gain
Total
Amount
(Minus shows
loss)
- 58.9
-3.3
-25.9
-21.6
0.4
0.0
-34.3
0.9
-142.7
Account
B/S
Investments from
SVF (FVTPL)
Investments
accounted for
using the equity
method
Investments from
SVF (FVTPL)
Other financial
liabilities (current)
Other financial
liabilities (current)
SoftBank
Group
(¥ B)
Carrying amount
on Jun 30, 2023
(Minus shows
liabilities)
56.6
($390M)
1.7
($12M)
-36.0
(-$249M)
-164.5
(-$1.13B)
Accounting 11View entire presentation