Table of Contents WEWORK COMPANIES INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS—(CONTINUED) (UNAUDITED) Six Months Ended June 30, (Amounts in thousands) 2018 2019 Cash Flows from Financing Activities: Principal payments for property and equipment acquired under finance leases (913) (1,646) Proceeds from issuance of debt 702,000 633,309 Proceeds from issuance of convertible related party liabilities — 2,500,000 Repayments of debt — (1,339) Bond repurchase — (32,352) Debt and equity issuance costs (14,744) (35,508) Loans payable to related parties (27,552) — Proceeds from exercise of stock options and warrants 1,468 34,293 Proceeds from issuance of noncontrolling interests (2,804) 243,483 Payments for contingent consideration and holdback of acquisition proceeds — (11,623) Additions to members’ service retainers 230,795 337,384 Refunds of members’ service retainers (142,456) (235,743) Net cash provided by financing activities 745,794 3,430,258 Effects of exchange rate changes on cash, cash equivalents and restricted cash 2,726 15,956 Net increase (decrease) in cash, cash equivalents and restricted cash (224,016) 884,730 Cash, cash equivalents and restricted cash—Beginning of period 2,171,119 2,163,942 Cash, cash equivalents and restricted cash—End of period $ 1,947,103 $ 3,048,672 Six Months Ended June 30, (Amounts in thousands) 2018 2019 Supplemental Cash Flow Disclosures: Cash paid during the period for interest (net of capitalized interest of $0 and $4,891 during the six months ended June 30, 2018 and 2019, respectively) $ 4,827 $ 37,460 Cash paid during the period for income taxes, net of refunds 2,128 9,317 Cash received for operating lease incentives—tenant improvement allowances 251,957 454,769 Cash received for operating lease incentives—broker commissions 13,620 31,186 Supplemental Disclosure of Non-cash Investing & Financing Activities: Property and equipment included in accounts payable and accrued expenses 312,061 774,681 Additions to property and equipment from amortization of deferred financing costs — 2,834 Issuance of common and preferred shares for acquisitions 271,208 160,478 Acquisition consideration holdback included in other liabilities 34,847 64,000 Issuance of shares for goods received capitalized in property and equipment 439 624 Conversion of equity method investment to equity in consolidated 424 Fifth Venture — 50,000 Transfer of acquisition deposit to contribution to equity method investment 52,858 — Vesting of shares related to early exercise of stock options 104 — Debt and equity issuance costs included in other liabilities 2,692 11,723 Common share repurchase and retirement 161 — Non-cash capitalized interest — 12,826 F-73