Company: KW
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001408100-25-000179
Chunk: 222

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 222
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.8)Less: Investment management fees(23.4)(21.6)Less: Loans(5.7)(7.6)Less: Other(0.1)(0.5)Less: Total Income from unconsolidated investments(34.5)20.3 Less: Gain on sale of real estate, net(11.1)(6.2)Add: Compensation and related30.1 30.0 Add: Carried interests compensation3.0 (5.5)Add: General and administrative7.6 10.2 Add: Depreciation and amortization32.6 36.9 Add: Interest Expense58.4 66.9 Add: Gain (loss) on early extinguishment of debt0.2 0.3 Less: Other income (loss)2.6 13.1 Add: Provision for income taxes3.0 (10.7)Less: NCI adjustments (1)(1.6)(2.0)Add:  Unconsolidated investment adjustments (2)39.1 38.3 Add:  Straight-line and above/below market rents (6)(0.2)(0.1)Less: Properties bought and sold (3)0.5 (8.4)Less: Other properties excluded (4)(5.4)(2.2)Other Reconciling Items (5)1.1 1.3 Same Property NOI (Net Effective)*$86.0 $85.7 

83

Same Property - NOI (Net Effective)(6)*For the Three Months Ended September 30,Same Property (Reported)20252024Office - Same Property$22.5 $23.7 Multifamily Market Rate Portfolio - Same Property50.4 48.9 Multifamily Affordable Portfolio - Same Property13.1 13.1 Same Property NOI (Net Effective)* (Reported)$86.0 $85.7 

Same Property - NOI (Net Effective)(6)*For the Nine Months Ended September 30,20252024Net Income$(34.2)$(77.4)Less: Investment management fees(84.8)(69.0)Less: Loans(17.2)(23.7)Less: Other(0.6)(0.9)Less: Total Income from unconsolidated investments(45.7)45.1