Company: KW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001408100-25-000147
Chunk: 261

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 261
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10.9)Net loss attributable to Kennedy-Wilson Holdings, Inc. common shareholders$(6.4)(1)Includes fees eliminated in consolidation between Consolidated and Co-Investments segments and noncontrolling interests ("NCI") items such as net (income) loss to noncontrolling interests and EBITDA adjustments associated with NCI

29

Kennedy-Wilson Holdings, Inc.Notes to Consolidated Financial Statements(Unaudited)

Six Months Ended June 30, 2025(Dollars in millions)ConsolidatedCo-InvestmentsTotalSegment RevenueRental$190.6 $— $190.6 Investment management fees— 61.4 61.4 Loans— 11.5 11.5 Total segment revenue190.6 72.9 263.5 Income from unconsolidated investmentsPrincipal co-investments— 21.4 21.4 Carried interests— (10.2)(10.2)Company's share of interest, depreciation, and taxes included in income from unconsolidated investments(1)— 67.2 67.2 Income from unconsolidated investments— 78.4 78.4 Gain on sale of real estate, net54.3 — 54.3 Segment ExpensesRental73.5 — 73.5 Compensation and related14.5 24.2 38.7 Carried interests compensation — (3.3)(3.3)General and administrative6.9 8.9 15.8 Other loss1.9 2.8 4.7 Other segment items(1)5.0 (0.2)4.8 Total segment expenses101.8 32.4 134.2 Segment Adjusted EBITDA143.1 118.9 262.0 Reconciliation of Segment Adjusted EBITDA to net loss attributable to Kennedy-Wilson Holdings, Inc. common shareholdersOther revenue0.5 Compensation and related, corporate(20.5)General and administrative, corporate(3.4)Depreciation and amortization(68.6)Interest expense(123.9)Loss on early extinguishment of debt(2.1)Other loss, corporate(6.1)Benefit from income taxes0.5 Company's share of interest, depreciation, and taxes included