Company: KW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001408100-25-000147
Chunk: 93

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 93
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,778 shares issued and outstanding as of June 30, 2025 and December 31, 2024— — Additional paid-in capital1,711.9 1,712.8 Accumulated deficit(569.5)(493.7) Accumulated other comprehensive loss(369.1)(407.6)Total Kennedy-Wilson Holdings, Inc. shareholders' equity1,563.0 1,601.2 Noncontrolling interests33.3 34.8 Total equity1,596.3 1,636.0 Total liabilities and equity$6,796.9 $6,961.1 

(1) The assets and liabilities as of June 30, 2025 include $109.6 million (including cash held by consolidated investments of $10.1 million and real estate and acquired in place lease values, net of accumulated depreciation and amortization of $76.8 million) and $0.0 million (including investment debt of $(1.0) million), respectively, from consolidated variable interest entities ("VIEs"). The assets and liabilities as of December 31, 2024 include $169.3 million (including cash held by consolidated investments of $4.3 million and real estate and acquired in place lease values, net of accumulated depreciation and amortization of $128.7 million) and $49.6 million (including investment debt of $50.0 million), respectively, from VIEs. These assets can only be used to settle obligations of the consolidated VIEs, and the liabilities do not have recourse to the Company.

 See accompanying notes to consolidated financial statements.

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Table of Contents

Kennedy-Wilson Holdings, Inc.

Consolidated Statements of Operations

(Unaudited)

(Dollars in millions, except share and per share amounts)

Three Months Ended June 30,Six Months Ended June 30,2025202420252024RevenueRental$93.3 $97.8 $190.6 $195.2 Hotel— — — 9.3 Investment management fees (includes $24.8, $16.6, $40.6, and  $31.0 of related party fees)36.4 26.1 61.4 47.4 Loan5.7 8.0 11.5 16.1 Other0.3 0