Item 1A. Unaudited Supplemental Presentation of Statements of Financial Condition

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Item 1A. Unaudited Supplemental Presentation of Statements of Financial Condition

Blackstone Inc.

Unaudited Consolidating Statements of Financial Condition

(Dollars in Thousands)


	March 31, 2022
	Consolidated			Consolidated
	Operating			Blackstone		Reclasses and
	Partnerships			Funds (a)		Eliminations			Consolidated

Assets
Cash and Cash Equivalents	$	3,868,567		$	—	$	—		$	3,868,567
Cash Held by Blackstone Funds and Other		—			110,648		—			110,648
Investments		28,422,512			2,045,156		(399,194	)		30,068,474
Accounts Receivable		466,421			51,044		—			517,465
Due from Affiliates		3,986,925			42,230		(24,796	)		4,004,359
Intangible Assets, Net		265,686			—		—			265,686
Goodwill		1,890,202			—		—			1,890,202
Other Assets		422,546			240		—			422,786
Right-of-Use Assets		868,437			—		—			868,437
Deferred Tax Assets		1,327,454			—		—			1,327,454

Total Assets	$	41,518,750		$	2,249,318	$	(423,990	)	$	43,344,078


Liabilities and Equity
Loans Payable	$	8,937,456		$	—	$	—		$	8,937,456
Due to Affiliates		1,799,505			106,344		(24,795	)		1,881,054
Accrued Compensation and Benefits		8,140,773			—		—			8,140,773
Securities Sold, Not Yet Purchased		4,063			23,215		—			27,278
Repurchase Agreements		72,211			5,078		—			77,289
Operating Lease Liabilities		986,073			—		—			986,073
Accounts Payable, Accrued Expenses and Other Liabilities		1,029,012			24,116		—			1,053,128

Total Liabilities		20,969,093			158,753		(24,795	)		21,103,051


Redeemable Non-Controlling Interests in Consolidated Entities		2			41,428		—			41,430


Equity
Common Stock		7			—		—			7
Series I Preferred Stock		—			—		—			—
Series II Preferred Stock		—			—		—			—
Additional Paid-in-Capital		5,879,796			350,456		(350,456	)		5,879,796
Retained Earnings		3,805,918			48,739		(48,739	)		3,805,918
Accumulated Other Comprehensive Loss		(25,754	)		—		—			(25,754	)
Non-Controlling Interests in Consolidated Entities		4,097,756			1,649,942		—			5,747,698
Non-Controlling Interests in Blackstone Holdings		6,791,932			—		—			6,791,932

Total Equity		20,549,655			2,049,137		(399,195	)		22,199,597

Total Liabilities and Equity	$	41,518,750		$	2,249,318	$	(423,990	)	$	43,344,078

Blackstone Inc.

Unaudited Consolidating Statements of Financial Condition - Continued

(Dollars in Thousands)


	December 31, 2021
	Consolidated			Consolidated
	Operating			Blackstone		Reclasses and
	Partnerships			Funds (a)		Eliminations			Consolidated

Assets
Cash and Cash Equivalents	$	2,119,738		$	—	$	—		$	2,119,738
Cash Held by Blackstone Funds and Other		—			79,994		—			79,994
Investments		27,041,225			2,018,829		(395,011	)		28,665,043
Accounts Receivable		571,936			64,680		—			636,616
Due from Affiliates		4,652,295			15,031		(10,459	)		4,656,867
Intangible Assets, Net		284,384			—		—			284,384
Goodwill		1,890,202			—		—			1,890,202
Other Assets		492,685			251		—			492,936
Right-of-Use Assets		788,991			—		—			788,991
Deferred Tax Assets		1,581,637			—		—			1,581,637

Total Assets	$	39,423,093		$	2,178,785	$	(405,470	)	$	41,196,408


Liabilities and Equity
Loans Payable	$	7,748,062		$	101	$	—		$	7,748,163
Due to Affiliates		1,812,223			104,334		(10,459	)		1,906,098
Accrued Compensation and Benefits		7,905,070			—		—			7,905,070
Securities Sold, Not Yet Purchased		4,292			23,557		—			27,849
Repurchase Agreements		42,000			15,980		—			57,980
Operating Lease Liabilities		908,033			—		—			908,033
Accounts Payable, Accrued Expenses and Other Liabilities		926,749			10,420		—			937,169

Total Liabilities		19,346,429			154,392		(10,459	)		19,490,362


Redeemable Non-Controlling Interests in Consolidated Entities		22,002			46,026		—			68,028


Equity
Common Stock		7			—		—			7
Series I Preferred Stock		—			—		—			—
Series II Preferred Stock		—			—		—			—
Additional Paid-in-Capital		5,794,727			349,822		(349,822	)		5,794,727
Retained Earnings		3,647,785			45,189		(45,189	)		3,647,785
Accumulated Other Comprehensive Loss		(19,626	)		—		—			(19,626	)
Non-Controlling Interests in Consolidated Entities		4,017,297			1,583,356		—			5,600,653
Non-Controlling Interests in Blackstone Holdings		6,614,472			—		—			6,614,472

Total Equity		20,054,662			1,978,367		(395,011	)		21,638,018

Total Liabilities and Equity	$	39,423,093		$	2,178,785	$	(405,470	)	$	41,196,408

(a)	The Consolidated Blackstone Funds consisted of the following:

Blackstone / GSO Global Dynamic Credit Feeder Fund (Cayman) LP

Blackstone / GSO Global Dynamic Credit Funding Designated Activity Company

Blackstone / GSO Global Dynamic Credit Master Fund

Blackstone / GSO Global Dynamic Credit USD Feeder Fund (Ireland)

Blackstone Annex Onshore Fund L.P.

Blackstone Horizon Fund L.P.

Blackstone Real Estate Special Situations Holdings L.P.

Blackstone Strategic Alliance Fund L.P.

BTD CP Holdings LP

Mezzanine

side-by-side

investment vehicles

Private equity

side-by-side

investment vehicles

Real estate

side-by-side

investment vehicles

Hedge Fund Solutions

side-by-side

investment vehicles.

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