Table of Contents WEWORK COMPANIES INC. CONSOLIDATED BALANCE SHEETS—(CONTINUED) December 31, (Amounts in thousands, except share and per share amounts) 2017 2018 Equity WeWork Companies Inc. shareholders’ equity (deficit): Common stock Class A; par value $0.001; 479,934,875 shares authorized at December 31, 2018, and 30,299,542 and 30,979,421 shares issued and outstanding at December 31, 2017 and 2018, respectively 30 31 Common stock Class B; par value $0.001; 183,942,797 shares authorized at December 31, 2018, and 131,787,453 and 133,660,176 shares issued and outstanding at December 31, 2017 and 2018, respectively 132 134 Additional paid-in capital 407,804 797,963 Accumulated other comprehensive income (loss) (9,924) 15,511 Accumulated deficit (1,700,493) (3,311,285) Total WeWork Companies Inc. shareholders’ equity (deficit) (1,302,451) (2,497,646) Noncontrolling interests — 39,070 Total equity (deficit) (1,302,451) (2,458,576) Total liabilities and equity $ 5,364,072 $ 8,644,916 (1) The Company’s consolidated balance sheets include assets of consolidated variable interest entities (“VIEs”) and liabilities of the VIE for which creditors do not have recourse against the general credit of the Company. As of December 31, 2017 and 2018, total assets of consolidated VIEs, after intercompany eliminations, were $935.8 million and $2.1 billion, respectively, including $727.3 million and $826.0 million of cash and cash equivalents, respectively, and $20.0 million and $74.8 million of restricted cash, respectively. Total liabilities of consolidated VIEs were $92.7 million and $597.8 million as of December 31, 2017 and 2018, respectively. See Note 5 for additional details. The accompanying notes are an integral part of these consolidated financial statements. F-4