Company: JLL
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001037976-25-000071
Chunk: 72

Company: JONES LANG LASALLE INC
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 72
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)$(546.7)Net book value as of September 30, 2025$455.8 215.6 $671.4 

(1) Included in this amount for MSRs was $5.8 million related to write-offs due to prepayments of sold warehouse receivables for which we retained the servicing rights. Amortization of MSRs is included in Revenue within the Consolidated Statements of Comprehensive Income.

16

(in millions)MSRsOther IntangiblesConsolidatedGross Carrying Amount Balance as of December 31, 2023$801.8 546.2 $1,348.0 Additions, net of adjustments52.0 15.5 67.5 Adjustment for fully amortized intangibles(25.3)(9.9)(35.2)Impact of exchange rate movements— 1.8 1.8 Balance as of September 30, 2024$828.5 553.6 $1,382.1 Accumulated Amortization Balance as of December 31, 2023$(309.8)(253.2)$(563.0)Amortization expense, net(1)(82.6)(49.5)(132.1)Adjustment for fully amortized intangibles25.3 9.9 35.2 Impact of exchange rate movements— (1.1)(1.1)Balance as of September 30, 2024$(367.1)(293.9)$(661.0)Net book value as of September 30, 2024$461.4 259.7 $721.1 (1) Included in this amount for MSRs was $6.0 million related to write-offs due to prepayments of sold warehouse receivables for which we retained the servicing rights. Amortization of MSRs is included in Revenue within the Consolidated Statements of Comprehensive Income.

6.INVESTMENTS

Summarized investment balances as of September 30, 2025 and December 31, 2024 are presented in the following table.(in millions)September 30, 2025December 31, 2024Investment Management co-investments$502.4 406.1 Proptech Investments357.2 372.8 Other investments35.5 33.8 Total$895.1 812.7