Table of Contents WEWORK COMPANIES INC. CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) Pro Forma December 31, June 30, June 30, (Amounts in thousands, except share and per share amounts) 2018 2019 2019 Assets Current assets: (1) Cash and cash equivalents $ 1,744,209 $ 2,473,070 $ 2,473,070 Accounts receivable and accrued revenue, net of allowance of $4,562 and $6,184 as of December 31, 2018 and June 30, 2019, respectively 99,525 181,049 181,049 Lease incentives receivable (including amounts due from related parties of $1,988 and $0 as of December 31, 2018 and June 30, 2019, respectively) 232,243 — — Due from related parties 2,500 1,412 1,412 Other current assets 385,601 376,792 376,792 Total current assets 2,464,078 3,032,323 3,032,323 Property and equipment, net 4,368,772 6,729,427 6,729,427 Lease right-of-use assets, net — 15,112,851 15,112,851 (1) Restricted cash 419,733 575,602 575,602 Deferred lease acquisition costs, net 69,387 — — Equity method and other investments 218,435 186,009 186,009 Goodwill 681,017 862,948 862,948 Intangible assets, net 159,143 183,528 183,528 Other assets (including loans to employees of $5,667 and $10,645 as of December 31, 2018 and June 30, 2019, respectively) 264,351 364,547 364,547 (1) Total assets $ 8,644,916 $ 27,047,235 $ 27,047,235 Liabilities Current liabilities: Accounts payable and accrued expenses $ 826,396 $ 1,294,504 $ 1,294,504 Members’ service retainers 396,857 498,934 498,934 Deferred revenue (including amounts from related parties of $20,218 and $22,636 as of December 31, 2018 and June 30, 2019, respectively) 113,237 170,457 170,457 Current lease obligations (including amounts due to related parties of $2,995 and $7,611 as of December 31, 2018 and June 30, 2019, respectively) 72,992 535,946 535,946 Other current liabilities 199,606 103,308 103,308 Total current liabilities 1,609,088 2,603,149 2,603,149 Long-term lease obligations (including amounts due to related parties of $84,306 and $368,161 as of December 31, 2018 and June 30, 2019, respectively) 2,882,532 17,916,797 17,916,797 Convertible related party liabilities, net 949,985 2,665,197 — Long-term debt, net 748,814 1,342,660 1,342,660 Other liabilities 93,740 113,943 113,943 (1) Total liabilities 6,284,159 24,641,746 21,976,549 Commitments and contingencies (Note 21) Convertible preferred stock; 233,301,854 shares authorized as of June 30, 2019, and 171,757,571 and 172,866,387 shares issued and outstanding as of December 31, 2018 and June 30, 2019, respectively, and no shares authorized, issued and outstanding, pro forma 3,498,696 3,591,086 — Redeemable noncontrolling interests 1,320,637 1,113,807 1,113,807 F-66