Company: KW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001408100-25-000147
Chunk: 67

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 2
Chunk 67
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9 KWE bonds309.8 — — 309.8 Total Liabilities3,025.7 — 2,299.4 5,325.1 Equity1,481.8 2,273.5 (2,119.3)1,636.0 Total liabilities and equity$4,507.5 $2,273.5 $180.1 $6,961.1 

Same property analysis

The tables below are reconciliations of non-GAAP measures included in the Company's same property analysis to their most comparable GAAP measures.

Same Property - Revenue(6)*For the Three Months Ended June 30,20252024Total Revenue$135.7 $132.0 Less: Investment management fees(36.4)(26.1)Less: Loans(5.7)(8.0)Less: Other(0.3)(0.1)Less: NCI adjustments (1)(2.4)(3.1)Add:  Unconsolidated investment adjustments (2)52.2 50.5 Add:  Above/below market rents (6)(0.1)(0.5)Less: Reimbursement of recoverable operating expenses(6.8)(7.8)Less: Properties bought and sold (3)(2.9)(7.8)Less: Other properties excluded (4)(9.5)(5.5)Other Reconciling Items (5)0.8 (0.7)Same Property$124.6 $122.9 

Same Property - Revenue(6)*For the Three Months Ended June 30,Same Property (Reported)20252024Office - Same Property$28.5 $29.4 Multifamily Market Rate Portfolio - Same Property76.3 74.8 Multifamily Affordable Portfolio - Same Property19.8 18.7 Same Property$124.6 $122.9 

81

Same Property - Revenue(6)*For the Six Months Ended June 30,20252024Total Revenue$264.0 $268.4 Less: Investment management fees(61.4)(47.4)Less: Loans(11.5)(16.1)Less: Other(0.5)(0.4)Less: NCI adjustments (1)(6.2)(6.4)Add:  Un